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MIZUHO FINANCIAL GROUP INC

For the period ended Mar 31, 2026. Filed Jun 26, 2026.

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About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2026 · Filed Jun 26, 2026

MFG$9.40+0.1%Stored close · as of Nov 6, 2026
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

20-F

(Mark One)

☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

For the fiscal year ended March 31,2026

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of event requiring this shell company report

For the transition period from to

Commission file number

001-33098

Kabushiki Kaisha Mizuho Financial Group

(Exact name of Registrant as specified in its charter)

(Translation of Registrant’s name into English)

Japan

(Jurisdiction of incorporation or organization)

1-5-5

Otemachi

Chiyoda-ku, Tokyo

100-8176

Japan

(Address of principal executive offices)

Hikaru Osuga,

+81-3-5224-1111,

+81-3-5224-1059,

address is same as above

(Name, Telephone, Facsimile number and Address of Company Contact Person)

Securities registered or to be registered pursuant to Section12(b) of the Act.

Title of each classTrading SymbolsName of each exchange on which registered
American depositary shares, each of which represents two shares of common stock Common Stock, without par value*MFGThe New York Stock Exchange

Securities registered or to be registered pursuant to Section12(g) of the Act.

None

(Title of Class)

Securities for which there is a reporting obligation pursuant to Section15(d) of the Act:

None

(Title of Class)

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.

At March 31, 2026, the following shares of capital stock were issued:2,489,848,594 shares of common stock (including

47,954,672

shares of common stock held by the registrant as treasury stock).

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Yes ☐No ☒

Note—Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation

S-T

(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a

non-accelerated

filer, or an emerging growth company. See definition of “large accelerated filer, “accelerated filer,” and “emerging growth company” in Rule

12b-2

of the Exchange Act.

Large accelerated filer ☒Accelerated filer ☐Non-accelerated filer ☐Emerging growth company ☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section13(a) of the Exchange Act. ☐

†The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to

§240.10D-1(b). ☐

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP ☒International Financial Reporting Standards as issued by the International Accounting Standards Board ☐Other ☐

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow.

Item 17 ☐ Item 18 ☐

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule

12b-2

of the Exchange Act).

Yes ☐ No☒

(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section

12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes ☐ No ☐

*Not for trading, but only in connection with the registration and listing of the ADSs.

MIZUHO FINANCIAL GROUP, INC.

ANNUAL REPORT ON FORM 20-F

Table of Contents

Page
Presentation of Financial and Other Information3
Forward-Looking Statements3
ITEM 1.Identity of Directors, Senior Management and Advisers5
ITEM 2.Offer Statistics and Expected Timetable5
ITEM 3.Key Information6
3.A.Selected Financial Data6
3.B.Capitalization and Indebtedness8
3.C.Reasons for the Offer and Use of Proceeds8
3.D.Risk Factors9
ITEM 4.Information on the Company23
4.A.History and Development of the Company23
4.B.Business Overview25
4.C.Organizational Structure65
4.D.Property, Plant and Equipment67
ITEM 4A.Unresolved Staff Comments67
ITEM 5.Operating and Financial Review and Prospects68
ITEM 6.Directors, Senior Management and Employees115
6.A.Directors and Senior Management115
6.B.Compensation120
6.C.Board Practices128
6.D.Employees134
6.E.Share Ownership134
6.F.Disclosure of a Registrant’s Action to Recover Erroneously Awarded Compensation136
ITEM 7.Major Shareholders and Related Party Transactions136
7.A.Major Shareholders136
7.B.Related Party Transactions137
7.C.Interests of Experts and Counsel137
ITEM 8.Financial Information137
8.A.Consolidated Statements and Other Financial Information137
8.B.Significant Changes138
ITEM 9.The Offer and Listing138
9.A.Listing Details138
9.B.Plan of Distribution138
9.C.Markets138
9.D.Selling Shareholders138
9.E.Dilution138
9.F.Expenses of the Issue138
ITEM 10.Additional Information138
10.A.Share Capital138
10.B.Memorandum and Articles of Association139
10.C.Material Contracts151
10.D.Exchange Controls151
10.E.Taxation156
10.F.Dividends and Paying Agents163
10.G.Statement by Experts163
Page
10.H.Documents on Display163
10.I.Subsidiary Information163
ITEM 11.Quantitative and Qualitative Disclosures about Credit, Market and Other Risk164
ITEM 12.Description of Securities Other than Equity Securities182
12.A.Debt Securities182
12.B.Warrants and Rights182
12.C.Other Securities182
12.D.American Depositary Shares183
ITEM 13.Defaults, Dividend Arrearages and Delinquencies184
ITEM 14.Material Modifications to the Rights of Security Holders and Use of Proceeds184
ITEM 15.Controls and Procedures184
ITEM 16A.Audit Committee Financial Expert185
ITEM 16B.Code of Ethics185
ITEM 16C.Principal Accountant Fees and Services185
ITEM 16D.Exemptions from the Listing Standards for Audit Committees186
ITEM 16E.Purchase of Equity Securities by the Issuer and Affiliated Purchasers187
ITEM 16F.Change in Registrant’s Certifying Accountant188
ITEM 16G.Corporate Governance188
ITEM 16H.Mine Safety Disclosure189
ITEM 16I.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections189
ITEM 16J.Insider Trading Policies190
ITEM 16K.Cybersecurity190
ITEM 17.Financial Statements193
ITEM 18.Financial Statements193
ITEM 19.Exhibits193
Selected Statistical DataA-1
Index to Consolidated Financial StatementsF-1
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.