Capital Management, Shareholder Return Policy and Dividend Information
Capital Management and Shareholder Return Policy
We have been pursuing the optimum balance between capital adequacy, growth investment and enhancement of shareholder return, and set forth our shareholder return policy of progressive dividends being our principal approach while executing flexible and intermittent share buybacks. In addition, as for the dividends, we will decide based on the steady growth of our stable earnings base, taking 40％ of the dividend payout ratio as a guide into consideration. As for share buybacks, we will consider our business results and capital adequacy, our stock price and the opportunities for growth investment in determining the execution.
Dividend Information
Term-end cash dividend payment commencement date for the fiscal year ending March 2024：Thursday, June 6, 2024.
* Shareholders who have opted to receive dividends via bank account or securities account deposit will receive them on the payment commencement date. Shareholders who receive dividends by Dividend Receipts, may not receive them until after the payment commencement date in the case of delay in postal mail delivery. There is no such potential delay when receiving dividends via bank account or securities account deposit, and therefore we recommend this method of receipt. To change the method by which you receive dividends, please follow the instructions provided under the Contact List.
| Fiscal Year | Cash Dividends Declared per Share | ||
| Interim | The Term End | ||
| FY2024(est.) | JPY115.0 | JPY57.5 | JPY57.5 |
| FY2023 | JPY105.0 | JPY50.0 | JPY55.0 |
| FY2022 | JPY85.0 | JPY42.5 | JPY42.5 |
| FY2021 | JPY80.0 | JPY40.0 | JPY40.0 |
| FY2020*4 | – | JPY3.75 | JPY37.5 |
| FY2019 | JPY7.5 | JPY3.75 | JPY3.75 |
| FY2018 | JPY7.5 | JPY3.75 | JPY3.75 |
| FY2017 | JPY7.5 | JPY3.75 | JPY3.75 |
| FY2016 | JPY7.5 | JPY3.75 | JPY3.75 |
| FY2015 | JPY7.5 | JPY3.75 | JPY3.75 |
| FY2014 | JPY7.5 | JPY3.5 | JPY4 |
| FY2013 | JPY6.5 | JPY3 | JPY3.5 |
| FY2012 | JPY6 | JPY3 | JPY3 |
| FY2011 | JPY6 | JPY3 | JPY3 |
| FY2010 | JPY6 | – | JPY6 |
| FY2009 | JPY8 | – | JPY8 |
| FY 2008 *2 | JPY10 | – | JPY10 |
| FY 2007 | JPY10,000 | – | JPY10,000 |
| FY 2006 | JPY7,000 | – | JPY7,000 |
| FY 2005 | JPY4,000 | – | JPY4,000 |
| FY 2004 | JPY3,500 | – | JPY3,500 |
| FY 2003 | JPY3,000 | – | JPY3,000 |
| FY 2002 | JPY0 | – | JPY0 |
| Fiscal Year | Cash Dividends Declared per Share | ||
| Interim | The Term End | ||
| FY 2002 | – | JPY0 | – |
| FY 2001 | JPY3,500 | JPY0 | JPY3,500 |
| FY 2000 | JPY7,000*3 | JPY3,500*3 | JPY3,500*3 |
*1: By the stock–for–stock exchange on Mar 12, 2003, Mizuho Financial Group, Inc. became the parent company of Mizuho Holdings, Inc. and was listed on Tokyo Stock Exchange (1st Section) and Osaka Securities Exchange. Mizuho Holdings, Inc. was delisted on Mar 6, 2003. The dividend forecast of Mizuho Financial Group shown above indicates figures after the stock–for–stock exchange.
*2: We have conducted an "allotment of shares or fractions of a share without consideration" (from 1 share to 1,000 shares) in Jan 2009.
*3: "Stock transfer payments" were paid to Common Shareholders of DKB, FUJI and IBJ as of Sep 27, 2000 instead of interim cash dividends for FY 1999. Calculation of Annual Dividend considers "Stock transfer payments."
*4: MHFG adopted the share consolidation of the shares of common stock on the basis of one post-consolidation share per ten pre-consolidation shares effective as of October 1, 2020. The impact from the share consolidation is reflected in the Cash Dividends per Share of Common Stock for the end of fiscal 2020. If the share consolidation were not taken into consideration, it would be JPY3.75. In addition, MHFG left the value of total annual dividend blank(–) as it is inappropriate simply to total the value of the dividend at the end of the first half of fiscal 2020 and the value of the dividend at the end of the fiscal 2020.