Mizuho Financial : Explanation of "Composition of Capital Disclosure" for the Second Quarter of FY2020 (PDF/59KB)

Explanation of "Composition of Capital Disclosure"

Mizuho Financial Group 【Consolidated】

As of September 30, 2020

				(in million yen)
CC2: Reconciliation of regulatory capital to consolidated balance sheet
	a		b	c
Items	Consolidated balance sheet as	Reference to	Cross-reference to Appended
in published financial
	Template CC1	template
	statements
Assets
Cash and Due from Banks		42,498,278
Call Loans and Bills Purchased		243,267
Receivables under Resale Agreements		12,666,551
Guarantee Deposits Paid under Securities Borrowing Transactions		2,190,799
Other Debt Purchased		2,676,047
Trading Assets		14,564,434		6-a
Money Held in Trust		471,782
Securities		43,314,534		2-b,6-b
Loans and Bills Discounted		86,501,633		6-c
Foreign Exchange Assets		1,936,636
Derivatives other than for Trading Assets		1,439,293		6-d
Other Assets		4,413,001		6-e
Tangible Fixed Assets		1,101,614
Intangible Fixed Assets		619,695		2-a
Net Defined Benefit Asset		924,167		3
Deferred Tax Assets		23,368		4-a
Customers' Liabilities for Acceptances and Guarantees		5,938,130
Reserves for Possible Losses on Loans		(477,516)
Reserve for Possible Losses on Investments		(0)
Total Assets		221,045,717
Liabilities
Deposits		134,665,825
Negotiable Certificates of Deposit		14,201,308
Call Money and Bills Sold		1,903,686
Payables under Repurchase Agreements		19,326,350
Guarantee Deposits Received under Securities Lending Transactions		1,244,440
Commercial Paper		921,282
Trading Liabilities		8,487,342		6-f
Borrowed Money		7,275,166		8-a
Foreign Exchange Liabilities		402,476
Short-term Bonds		331,447
Bonds and Notes		9,639,781		8-b
Due to Trust Accounts		1,336,263
Derivatives other than for Trading Liabilities		1,274,444		6-g
Other Liabilities		4,815,831
Reserve for Bonus Payments		55,860
Reserve for Variable Compensation		1,467
Net Defined Benefit Liability		71,950
Reserve for Director and Corporate Auditor Retirement Benefits		635
Reserve for Possible Losses on Sales of Loans		1,142
Reserve for Contingencies		4,180
Reserve for Reimbursement of Deposits		25,205
Reserve for Reimbursement of Debentures		17,663
Reserves under Special Laws		2,506
Deferred Tax Liabilities		133,564		4-b
Deferred Tax Liabilities for Revaluation Reservefor Land		62,555		4-c
Acceptances and Guarantees		5,938,130
Total Liabilities		212,140,512
Net Assets
Common Stock		2,256,767		1-a
Capital Surplus		1,135,948		1-b
Retained Earnings		4,260,606		1-c
Treasury Stock		(7,025)		1-d
Total Shareholders' Equity		7,646,297
Net Unrealized Gains (Losses) on Other Securities		1,038,781
Deferred Gains or Losses on Hedges		66,262		5
Revaluation Reserve for Land		137,834
Foreign Currency Translation Adjustments		(170,773)
Remeasurements of Defined Benefit Plans		84,475
Total Accumulated Other Comprehensive Income		1,156,580	(a)
Stock Acquisition Rights		134
Non-Controlling Interests		102,192		7
Total Net Assets		8,905,205
Total Liabilities and Net Assets		221,045,717

Note:

The regulatory scope of consolidation is the same as the accounting scope of consolidation.

(Appended template)

			1. Shareholders' equity
			(1) Consolidated balance sheet		(in million yen)
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	1-a		Common Stock	2,256,767
	1-b		Capital Surplus	1,135,948
	1-c		Retained Earnings	4,260,606
	1-d		Treasury Stock	(7,025)
			Total Shareholders' Equity	7,646,297
			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
			Directly issued qualifying common share capital plus related stock		Shareholders' equity attributable to common shares (before
			7,646,044	adjusting national specific regulatory adjustments (earnings to be
			surplus and retained earnings
				distributed))
	1a			of which: capital and stock surplus	3,392,716
	2			of which: retained earnings	4,260,352
	1c			of which: treasury stock (-)	7,025
				of which: other than above	-
			Directly issued qualifying Additional Tier 1 instruments plus
	31a		related stock surplus of which: classified as equity under applicable	-
			accounting standards and the breakdown
			2. Intangible fixed assets
			(1) Consolidated balance sheet
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	2-a		Intangible Fixed Assets	619,695
	2-b		Securities	43,314,534
				of which: share of goodwill of companies accounted for	8,544	Share of goodwill of companies accounted for using the equity
				using the equity method		method
			Income taxes related to above	(169,661)
			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
	8		Goodwill (net of related tax liability, including those equivalent)	66,672
	9		Other intangibles other than goodwill and mortgage servicing rights	391,905	Software and other
		(net of related tax liability)
			Mortgage servicing rights (net of related tax liability)	-
	20			Amount exceeding the 10% threshold on specified items	-
	24			Amount exceeding the 15% threshold on specified items	-
	74			Mortgage servicing rights that are below the thresholds	-
			for deduction (before risk weighting)
			3. Net Defined Benefit Asset
			(1) Consolidated balance sheet
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	3		Net Defined Benefit Asset	924,167
			Income taxes related to above	(282,574)
			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
	15		Net Defined Benefit Asset	641,592
			4. Deferred tax assets
			(1) Consolidated balance sheet
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	4-a		Deferred Tax Assets	23,368
	4-b		Deferred Tax Liabilities	133,564
	4-c		Deferred Tax Liabilities for Revaluation Reserve for Land	62,555
			Tax effects on intangible fixed assets	169,661
			Tax effects on net defined benefit asset	282,574

			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
			Deferred tax assets that rely on future profitability excluding those		This item does not agree with the amount reported on the
	10		13,869	consolidated balance sheet due to offsetting of assets and
		arising from temporary differences (net of related tax liability)
				liabilities.
			Deferred tax assets that rely on future profitability arising from		This item does not agree with the amount reported on the
			280,095	consolidated balance sheet due to offsetting of assets and
			temporary differences (net of related tax liability)
				liabilities.
	21			Amount exceeding the 10% threshold on specified items	-
	25			Amount exceeding the 15% threshold on specified items	-
				Deferred tax assets arising from temporary differences
	75			that are below the thresholds for deduction (before risk	280,095
				weighting)
			5. Deferred gains or losses on derivatives under hedge accounting
			(1) Consolidated balance sheet
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	5		Deferred Gains or Losses on Hedges	66,262
			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
						Excluding those items whose valuation differences arising from
	11		Deferred gains or losses on derivatives under hedge accounting	123,464	hedged items are recognized as "Total accumulated other
						comprehensive income"
			6. Items associated with investments in the capital of financial institutions
			(1) Consolidated balance sheet
	Ref. No.			Consolidated balance sheet items	As of September 30, 2020	Remarks
	6-a		Trading Assets	14,564,434	Including trading account securities and derivatives for trading
						assets
	6-b		Securities	43,314,534
	6-c		Loans and Bills Discounted	86,501,633	Including subordinated loans
	6-d		Derivatives other than for Trading Assets	1,439,293
	6-e		Other Assets	4,413,001	Including money invested
	6-f		Trading Liabilities	8,487,342	Including trading account securities sold
	6-g		Derivatives other than for Trading Liabilities	1,274,444
			(2) Composition of capital
	Basel III Template No.			Composition of capital disclosure	As of September 30, 2020	Remarks
			Investments in own capital instruments	6,378
	16			Common Equity Tier 1 capital	3,009
	37			Additional Tier 1 capital	2,200
	52			Tier 2 capital	1,169
			Reciprocal cross-holdings in the capital of banking, financial and	-
			insurance entities
	17			Common Equity Tier 1 capital	-
	38			Additional Tier 1 capital	-
	53			Tier 2 capital and other TLAC liabilities	-
			Investments in the capital of banking, financial and insurance
			entities that are outside the scope of regulatory consolidation, net of	437,746
			eligible short positions, where the bank does not own more than
			10% of the issued share capital (amount above 10% threshold)
	18			Common Equity Tier 1 capital	-
	39			Additional Tier 1 capital	-
	54			Tier 2 capital and other TLAC liabilities	-
				Investments in the other TLAC liabilities of banking,
				financial and insurance entities that are outside the scope
	54a			of regulatory consolidation, where the bank does not own	712
			more than 10% of the issued common share capital of the
				entity: amount previously designated for the 5% threshold
				but that no longer meets the conditions
				Non-significant investments in the capital and other
	72			TLAC liabilities of other financials that are below the	437,033
				thresholds for deduction (before risk weighting)
			Significant investments in the capital of banking, financial and
			insurance entities that are outside the scope of regulatory	318,150
			consolidation, net of eligible short positions
	19			Amount exceeding the 10% threshold on specified items	-
	23			Amount exceeding the 15% threshold on specified items	-
	40			Additional Tier 1 capital	44,403
	55			Tier 2 capital and other TLAC liabilities	-
				Significant investments in the common stock of financials
	73			that are below the thresholds for deduction (before risk	273,747
				weighting)

			7. Non-Controlling Interests
			(1) Consolidated balance sheet
	Ref. No.		Consolidated balance sheet items	As of September 30, 2020	Remarks
	7		Non-Controlling Interests	102,192
			(2) Composition of capital
	Basel III Template No.		Composition of capital disclosure	As of September 30, 2020	Remarks
	5		Common share capital issued by subsidiaries and held by third	8,002	After reflecting amounts eligible for inclusion (Non-Controlling
		parties (amount allowed in group CET1)	Interest after adjustments)
	30-31ab-32		Qualifying Additional Tier 1 instruments plus related stock surplus	-	After reflecting amounts eligible for inclusion (Non-Controlling
		issued by special purpose vehicles and other equivalent entities	Interest after adjustments)
	34-35		Additional Tier 1 instruments issued by subsidiaries and held by	19,478	After reflecting amounts eligible for inclusion (Non-Controlling
		third parties (amount allowed in group AT1)	Interest after adjustments)
	46		Tier 2 instruments plus related stock surplus issued by special	110,674	After reflecting amounts eligible for inclusion (Non-Controlling
		purpose vehicles and other equivalent entities	Interest after adjustments)
	48-49		Tier 2 instruments issued by subsidiaries and held by third parties	5,996	After reflecting amounts eligible for inclusion (Non-Controlling
		(amount allowed in group Tier 2)	Interest after adjustments)
			8. Other capital instruments
			(1) Consolidated balance sheet
	Ref. No.		Consolidated balance sheet items	As of September 30, 2020	Remarks
	8-a		Borrowed Money	7,275,166
	8-b		Bonds and Notes	9,639,781
			Total	16,914,948
			(2) Composition of capital
	Basel III Template No.		Composition of capital disclosure	As of September 30, 2020	Remarks
			Directly issued qualifying Additional Tier 1 instruments plus
	32		related stock surplus of which: classified as liabilities under	2,042,000
			applicable accounting standards
			Directly issued qualifying Tier 2 instruments plus related stock
	46		surplus of which: classified as liabilities under applicable	1,271,937
			accounting standards