Overview
- Mizuho’s July–September net profit rose 44% year on year to 399 billion yen as lending margins improved.
- The bank lifted its full-year forecast to 1.13 trillion yen and announced a 200 billion yen share buyback, taking this fiscal year’s total to 300 billion yen.
- MUFG increased its annual profit target to 2.1 trillion yen and unveiled a 250 billion yen repurchase, bringing its yearly total to a record 500 billion yen; quarterly profit reached 747 billion yen.
- Japan’s move away from negative rates boosted Mizuho’s domestic loan–deposit margin to 1.07% for the six months to September, while non-interest income in its global CIB unit grew nearly 20%.
- Mizuho CEO Masahiro Kihara said tariff uncertainty persists following U.S. measures, yet noted corporate actions such as mergers, acquisitions and capital spending have steadily returned.