Mizuho Financial Group, Inc. · TSE:8411
Mizuho Financial — Shareholder Meeting (May 2020)
22 slides from Mizuho Financial's shareholder meeting presentation, May 22, 2020
Slide 1: Convocation Notice of the 18th Ordinary General Meeting of Shareholders
Convocation Notice of the 18th Ordinary General Meeting of Shareholders Message to our shareholders Point 01 Establishment of stable profit structure and resilient financial base p. 4 Point 02 Annual cash dividend on common stock for fiscal year 2019: JPY 7.50 p. 6 Point 03 Our highly effective gove
Slide 2: Highlight of financial results (consolidated)
∎ Highlight of financial results (consolidated) (JPY billion) FY2019 YoY Profit Attributable to Owners of Parent 448.5 352.0 á Consolidated Net Business Profits 1 672.5 264.2 á Credit-related Costs (171.7 ) (152.1 ) ¯ Net Gains (Losses) Related to Stocks 126.5 (133.3 ) ¯ Common Equity Tier 1 capital
Slide 3: Financial targets
Financial targets = Consolidated ROE? before recording conestime loss 7, 5.8% 1.2%, FY2018 —-FY2019 Approx. 7 - 8% FY2023 = Consolidated Net Business Profits * ApproK. before recording Py 966.0 billion ‘one-time loss 603.1 Bi... Fy2018 —-FY2019. || FY2023 672.5
Slide 4: Notes 2-4
Note 2: Excluding Net Unrealized Gains (Losses) on Other Securities. Note 3: Basel III finalization fully-effective basis excluding Net Unrealized Gains (Losses) on Other Securities; including the effect of partially fixing unrealized gains on stocks through hedging transactions. Note 4: Other Secur
Slide 5: Cash dividend for fiscal year 2019
∎ Cash dividend for fiscal year 2019 Cash dividend for FY2019 (annual dividend) Amount of fiscal year-end cash dividend out of annual cash dividend Cash dividend per share of common stock JPY 7.50 JPY 3.75 Total cash dividend JPY 190.4 billion JPY 95.2 billion ∎ Policy to return profits to sharehold
Slide 6: Features of our governance system
∎ Features of our governance system
Slide 7: Our governance from the perspective of the Chairman of the Board of Directors
∎ Our governance from the perspective of the Chairman of the Board of Directors Regarding the operational status of the Board of Directors during the past year, Ms. Ota, who served as the Chairman of the Board of Directors, stated as follows: (i) Our governance system At the start of the 5-Year Busi
Slide 8: Board of Directors
Board of Directors Non-executive director ratio. 64% Chairman Hiroko Ota The Board of Directors makes decisions on business execution such as the basic management policy and supervises directors and executive officers as defined in the Companies Act. > Operational status Recognizing that FY 2019 is
Slide 9: Reasons for appointment of each director candidate
The reason for the appointment as a director of each candidate is provided on pages 20 through 38.
Slide 10: Message to our shareholders: share consolidation
Message to our shareholders All shares will be consolidated on the basis of one post-consolidation Pepe e rei share per ten pre-consolidation shares, and shareholders may propose Guu issuing dividends at the general meeting of shareholders
Slide 11: Share consolidation and Trading Unit
* Trading Unit: the number of shares that is used as the acceptable quantity for trading on the Tokyo Stock Exchange. u The Trading Unit of our shares will be within the desirable range of JPY 50,000 to JPY 500,000, which is designated by the Tokyo Stock Exchange’s Securities Listing Regulations. u
Slide 12: Details of share consolidation and dividend decision organizations
The details of the share consolidation and organizations that decide dividends from surplus and other related matters are provided on pages 43 through 53.
Slide 13: Sustainability for Mizuho
∎ Sustainability for Mizuho Sustainability for Mizuho Sustainable and stable growth as well as environmental conservation and the sustainable development and prosperity of the economy, industry and society both in Japan and around the world ∎ Key sustainability areas We have defined key sustainabili
Slide 14: Strengthening climate change initiatives
Creating partnerships and collaborative relationships with a diverse range of stakeholders ∎ Strengthening climate change initiatives Clarifying our stance on climate change in our environmental policy We consider addressing climate change a key pillar of our business strategy and will proactively f
Slide 15: Outside Directors
Outside Directors Current title and assignment at Committee scheduled to be appointed Area of expertise which we expect candidates for directors to have* Candidate No. Candidate Name Year of appointment Mizuho Financial Group Nominating Compensation Audit Corporate Management Law Finance and Account
Slide 16: Group structure and financial and economic environment
The chart above briefly illustrates the relationship between Mizuho Financial Group and the core group companies. Financial and economic environment (for the fiscal year ended March 31, 2020) Reviewing the economic environment over the fiscal year ended March 31, 2020, the global economy showed a sl
Slide 17: Priority business domains and business structural reforms
1: Excluding Net Unrealized Gains on Other Securities. 2: Consolidated Net Business Profits + Net gains or losses related to ETFs and others. (aggregate for Mizuho Bank and Mizuho Trust & Banking) + Net gains or losses related to operating investment securities (Mizuho Securities consolidated) Prior
Slide 18: Initiatives of each in-house company: Retail & Business Banking Company
The following section contains a closer look at each in-house company/unit’s initiatives in fiscal year 2019 (developments and results of operations) and key strategies (issues to be addressed). (Retail & Business Banking Company) The Retail & Business Banking Company, as the in-house company in cha
Slide 19: Compensation system
Compensation system Compensation for Officers shall, in principle, consist of Base Salary, Performance Payments and Stock Compensation. Compensation system for Officers responsible for business execution
Slide 20: Variable compensation and non-executive officer compensation
* A system is adopted which enables a decrease or forfeiture of the deferred amount by resolution of the Compensation Committee depending on the performance of the group or the individual. * With respect to Variable compensation, Stock Compensation II fluctuates, in principle, within the range of 0%
Slide 21: Initiatives for reduction of cross-shareholdings
Initiatives for reduction of cross-shareholdings of other listed companies Reduction results and target Consolidated Acquisition cost basis
Slide 22: Dialogue with shareholders
* Other Securities which have readily determinable fair market values. Toward more enhanced dialogue with shareholders We are actively working to enhance two-way communication with our shareholders through various means, including the general meetings of shareholders, briefings for individual invest
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