MFG Q2 2020 Earnings Report — Mizuho Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

Mizuho Financial Group, Inc.MFG

Q2 2020 Earnings

Reported November 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$5.9B	$5.9B	$5.9B	-0.2%	-0.2%
Op. Income	$1.1B	$1.4B	$1.6B	-19.9%	-32.3%
Gross Margin	63.8%	62.5%	66.9%	1.3pp	-3.1pp
Net Margin	13.4%	17.4%	21.2%	-3.9pp	-7.8pp
EPS (Diluted)	$0.06	$0.08	$0.10	-22.8%	-36.8%
Free Cash Flow	$0	$0	$0	—	—

Revenue Flow

Item	Amount
REVENUE	$5.9B
Cost of Revenue	$2.1B
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$2.1B
SG&A Expenses	$2.1B
Other Expenses	$497M
Operating Expenses	$2.6B
Cost & Expenses	$4.8B
OPERATING INCOME	$1.1B
Interest Income	$3.3B
Interest Expense	$2.1B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$282M
Net Income from Continuing Ops	$810M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$785M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$785M
D&A	$0
EBIT	$1.1B
EBITDA	$1.1B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$5.9B
Cost of Revenue	$2.1B
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$2.1B
SG&A Expenses	$2.1B
Other Expenses	$497M
Operating Expenses	$2.6B
Cost & Expenses	$4.8B
OPERATING INCOME	$1.1B
Interest Income	$3.3B
Interest Expense	$2.1B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$282M
Net Income from Continuing Ops	$810M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$785M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$785M
D&A	$0
EBIT	$1.1B
EBITDA	$1.1B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$785M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$785M
Change in Working Capital	$0
OPERATING CASH FLOW	$0
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$0
FREE CASH FLOW	$0
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$272.5B
Short-Term Investments	$110.9B
Net Receivables	$12.7B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$396.1B
PP&E (Net)	$6.9B
Goodwill	$0
Intangible Assets	$3.8B
Long-Term Investments	$609.9B
Tax Assets	$225M
Other Non-Current Assets	$267.0B
TOTAL NON-CURRENT ASSETS	$887.9B
TOTAL ASSETS	$1.3T
Account Payables	$15.6B
Short-Term Debt	$126.3B
Deferred Revenue	$0
Other Current Liabilities	$936.2B
TOTAL CURRENT LIABILITIES	$1.1T
Long-Term Debt	$68.3B
Deferred Revenue NC	$758M
Deferred Tax Liabilities	$1.6B
Other Non-Current Liabilities	$73.1B
TOTAL NON-CURRENT LIABILITIES	$147.9B
TOTAL LIABILITIES	$1.2T
Common Stock	$14.2B
Additional Paid-In Capital	$7.1B
Retained Earnings	$25.8B
Treasury Stock	-$43M
Accum. Other Comp. Income	$8.4B
Other Equity	$1M
TOTAL STOCKHOLDERS' EQUITY	$55.4B
Minority Interest	$854M
TOTAL EQUITY	$56.3B
TOTAL LIABILITIES & EQUITY	$1.3T
Total Debt	$198.7B
Net Debt	-$73.8B