Mizuho Financial Group, Inc.
8411・Prime Market・Banks
Governance
As a company with a Nomination Committee, etc., the Board of Directors (14 members in total: 8 outside directors, 4 internal non-executive directors, and 2 directors concurrently serving as executive officers) ensures a strict separation of oversight and management. In addition to the three statutory committees—Nomination, Compensation, and Audit—the company has established discretionary committees such as the Risk Committee and the IT & DX Committee, ensuring a check-and-balance function centered on outside directors.
Risk Management
The Company has introduced a Risk Appetite Framework (RAF) and established a comprehensive risk management system that categorizes credit risk, market risk, operational risk, and other risk types. Through
Shareholder Returns
Progressive dividend policy is the basic approach; the annual dividend for FY2025 was ¥145 per share (up ¥5 year on year). The forecast for the coming fiscal year is ¥150 (a further ¥5 increase). Share buybacks are conducted flexibly with a total payout ratio target of 50% or more as a guideline.
Dividend Policy
The policy is to increase the per-share dividend progressively (targeting an increase of ¥5 per period) in addition to conducting flexible share buybacks. The annual dividend for FY2025 was ¥145 per share (interim ¥72.5, year-end ¥72.5), with total dividends of ¥357,484 million and a payout ratio of 28.8%. The forecast for FY2026 (ending March 2026) is ¥150 per share (¥75 each for interim and year-end). Under a capital policy aiming for an optimal balance among enhancing capital adequacy, growth investment, and strengthening shareholder returns, share buybacks are decided with a total payout ratio of 50% or more as a guideline. 47,016,600 shares were retired as of April 22, 2026. At the Board of Directors meeting on May 15, 2026, a resolution was passed for a share buyback with an upper limit of 25,000,000 shares and a maximum acquisition value of ¥100.0 billion (to be conducted from May 18 to August 31, 2026).
ESG
On climate change response, the company has formulated a net-zero transition plan and set a sustainable finance target of ¥100 trillion (of which ¥50 trillion is for environment and climate change response, cumulative for FY2019-FY2030). It has identified human capital enhancement, human rights due diligence, AML/CFT, cybersecurity, and other matters as key sustainability issues, and provides disclosures in compliance with SSBJ standards.
Last updated: June 19, 2026