Head on this page.

Window close

July 4, 2006

Mizuho Financial Group, Inc.
Mizuho Bank, Ltd.
Mizuho Corporate Bank, Ltd.

Announcement Regarding Completion of Public Fund Repayment

Regarding the repurchase and cancellation of our preferred shares (public funds) that we announced on June 28, 2006, we have today completed the necessary procedures as planned. As a result, we would like to report that we have fully repaid public funds provided to us.

Public funds totaling 2,949 billion yen were provided to us in March 1998 and March 1999. With the support of public funds for a period of more than eight years, we were able to focus on our business revitalization.

We sincerely appreciate your understanding and continued support.

Recognizing the public nature of our business as a financial institution, we plan to continue contributing to our society through various measures, such as offering products and services that meet the needs of our customers and engaging in CSR (Corporate Social Responsibility) activities that aim for harmonious coexistence with our society, while endeavoring to increase our corporate value.

(Reference) Details of public fund repayment

Of the public funds provided to us, we repurchased preferred shares of 482.6 billion yen in the fiscal year ended March 31, 2005, 866.4 billion yen in the fiscal year ended March 31, 2006 and 600.0 billion yen as mentioned above, which led to the full repayment of preferred shares totaling 1,949.0 billion yen (on an issued-price basis). We had also repaid all subordinated bonds totaling 1 trillion yen by March 31, 2005.

This document is prepared in order to announce certain information relating to Mizuho Financial Group's preferred shares (public funds) and does not constitute an offer for sale or solicitation for investment or other similar activity in or outside of Japan.

Window close

It moves to the head on this page.
It moves to the head on this page.