Mizuho Financial Group's US-GAAP results for the year to March 2026 show a materially stronger bottom line and a larger balance sheet. Total revenue rose to ¥8.79tn from ¥8.17tn, pre-tax profit to ¥1.69tn from ¥759.3bn, and net income attributable to shareholders to ¥1.16tn from ¥593.4bn. Basic EPS climbed to ¥466.16 from ¥234.55. Revenue improved, but profit moved much more sharply, which is the clearest headline in the disclosure.
| Metric | Year to March 2026 | Year to March 2025 |
|---|---|---|
| Total revenue | ¥8.79tn | ¥8.17tn |
| Pre-tax profit | ¥1.69tn | ¥759.3bn |
| Net income attributable to shareholders | ¥1.16tn | ¥593.4bn |
| Basic EPS | ¥466.16 | ¥234.55 |
| Total assets | ¥294.9tn | ¥276.7tn |
| Shareholders' equity | ¥10.86tn | ¥10.07tn |
The balance sheet also shifted across several big lines. Total assets ended March at ¥294.9tn, up from ¥276.7tn, while shareholders' equity increased to ¥10.86tn from ¥10.07tn. Net loans rose to ¥105.1tn from ¥98.4tn. Available-for-sale securities increased to ¥21.85tn from ¥15.06tn, equity securities to ¥5.71tn from ¥4.52tn, and trading assets to ¥48.70tn from ¥37.60tn. One notable line moved the other way: interest-bearing deposits on the asset side fell to ¥59.91tn from ¥71.14tn.
Funding lines were larger too. Domestic interest-bearing deposits rose to ¥98.32tn from ¥95.65tn, overseas interest-bearing deposits to ¥46.28tn from ¥43.79tn, and long-term debt to ¥20.84tn from ¥14.91tn. Trading liabilities climbed to ¥28.80tn from ¥21.21tn. The loan-loss allowance stood at ¥757.2bn, versus ¥816.4bn a year earlier.
For readers outside Japan, the practical value here is that Mizuho is presenting the numbers under US GAAP, the accounting basis used in the Form 20-F annual report the group says it submitted to the US Securities and Exchange Commission on June 26. But the company also adds an important caveat: this June 29 document focuses on selected consolidated financial information from that annual report and does not include all information that could be material to investors. It explicitly tells readers to consult the Form 20-F, its financial statements and the notes for a complete understanding of the group and the figures.