Mizuho Financial Group total debt 2003–2027What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Mizuho Financial Group's total debt was 67.58T JPY on 30 June 2026, up 17.6% on a year before. At the end of fiscal year 2026 it was 66.86T JPY.
Last updated 9 Nov 2026 · Next report 13 Nov 2026
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Jun 2026 | 67.58T | +17.63% | 52.55T | -15.03T | 5.91 |
| FY2026 | 31 Mar 2026 | 66.86T | +9.81% | 93.07T | 26.21T | 5.88 |
| FY2025 | 31 Mar 2025 | 60.89T | +3.29% | 83.48T | 22.59T | 5.83 |
| FY2024 | 31 Mar 2024 | 58.95T | +30.02% | 72.97T | 14.02T | 5.76 |
| FY2023 | 31 Mar 2023 | 45.34T | +10.67% | 67.15T | 21.82T | 4.96 |
| FY2022 | 31 Mar 2022 | 40.96T | +1.62% | 51.36T | 10.39T | 4.51 |
| FY2021 | 31 Mar 2021 | 40.31T | +14.49% | 74.42T | 34.11T | 4.35 |
| FY2020 | 31 Mar 2020 | 35.21T | +16.52% | 59.15T | 23.94T | 4.12 |
| FY2019 | 31 Mar 2019 | 30.22T | -6.51% | 62.11T | 31.89T | 3.45 |
| FY2018 | 31 Mar 2018 | 32.32T | +100.23% | 71.39T | 39.07T | 3.56 |
| FY2017 | 31 Mar 2017 | 16.14T | -53.64% | 67.69T | 51.54T | 1.89 |
| FY2016 | 31 Mar 2016 | 34.82T | +77.16% | 61.77T | 26.95T | 4.26 |
| FY2015 | 31 Mar 2015 | 19.66T | -48.93% | 56.17T | 36.51T | 2.41 |
| FY2014 | 31 Mar 2014 | 38.49T | -1.57% | 51.26T | 12.77T | 5.96 |
| FY2013 | 31 Mar 2013 | 39.10T | +91.24% | 52.00T | 12.90T | 6.83 |
| FY2012 | 31 Mar 2012 | 20.45T | -26.26% | 48.54T | 28.09T | 4.16 |
| FY2011 | 31 Mar 2011 | 27.73T | +23.62% | 48.50T | 20.77T | 6.53 |
| FY2010 | 31 Mar 2010 | 22.43T | -35.30% | 43.01T | 20.58T | 6.38 |
| FY2009 | 31 Mar 2009 | 34.67T | +0.90% | 33.53T | -1.14T | 40.98 |
| FY2008 | 31 Mar 2008 | 34.36T | +3.64% | 38.13T | 3.78T | 10.51 |
| FY2007 | 31 Mar 2007 | 33.15T | +0.93% | 3.99T | -29.16T | 6.75 |
| FY2006 | 31 Mar 2006 | 32.84T | +5.40% | 5.02T | -27.83T | 6.84 |
| FY2005 | 31 Mar 2005 | 31.16T | +131.47% | 6.81T | -24.35T | 7.98 |
| FY2004 | 31 Mar 2004 | 13.46T | -13.81% | 6.81T | -6.65T | 3.69 |
| FY2003 | 31 Mar 2003 | 15.62T | — | 7.85T | -7.77T | 5.46 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q1 FY2027 | 30 Jun 2026 | 67.58T | +17.63% | 52.55T | -15.03T | 5.91 |
| Q4 FY2026 | 31 Mar 2026 | 66.86T | +9.81% | 62.46T | -4.40T | 5.88 |
| Q3 FY2026 | 31 Dec 2025 | 64.42T | +8.70% | 91.33T | 26.92T | 5.76 |
| Q2 FY2026 | 30 Sept 2025 | 60.79T | -0.92% | 93.00T | 32.21T | 5.53 |
| Q1 FY2026 | 30 Jun 2025 | 57.46T | -13.57% | 88.29T | 30.84T | 5.45 |
| Q4 FY2025 | 31 Mar 2025 | 60.89T | +3.29% | 83.48T | 22.59T | 5.83 |
| Q3 FY2025 | 31 Dec 2024 | 59.26T | +6.19% | 89.33T | 30.06T | 5.64 |
| Q2 FY2025 | 30 Sept 2024 | 61.35T | +14.36% | 71.62T | 10.27T | 5.74 |
| Q1 FY2025 | 30 Jun 2024 | 66.47T | +38.81% | 72.17T | 5.69T | 6.44 |
| Q4 FY2024 | 31 Mar 2024 | 58.95T | +30.02% | 72.97T | 14.02T | 5.76 |
| Q3 FY2024 | 31 Dec 2023 | 55.81T | +40.33% | 66.68T | 10.87T | 5.66 |
| Q2 FY2024 | 30 Sept 2023 | 53.65T | +27.64% | 61.66T | 8.01T | 5.60 |
| Q1 FY2024 | 30 Jun 2023 | 47.89T | +5.18% | 61.33T | 13.45T | 5.05 |
| Q4 FY2023 | 31 Mar 2023 | 45.34T | +10.67% | 67.15T | 21.82T | 4.96 |
| Q3 FY2023 | 31 Dec 2022 | 39.77T | -9.53% | 56.84T | 17.07T | 4.44 |
| Q2 FY2023 | 30 Sept 2022 | 42.03T | -4.98% | 54.46T | 12.43T | 4.71 |
| Q1 FY2023 | 30 Jun 2022 | 45.53T | +4.46% | 53.94T | 8.42T | 5.11 |
| Q4 FY2022 | 31 Mar 2022 | 40.96T | +1.62% | 51.36T | 10.39T | 4.51 |
| Q3 FY2022 | 31 Dec 2021 | 43.96T | +10.87% | 45.70T | 1.74T | 4.73 |
| Q2 FY2022 | 30 Sept 2021 | 44.23T | +10.58% | 47.08T | 2.84T | 4.64 |
| Q1 FY2022 | 30 Jun 2021 | 43.58T | +16.26% | 42.32T | -1.26T | 4.66 |
| Q4 FY2021 | 31 Mar 2021 | 40.31T | +14.49% | 74.42T | 34.11T | 4.35 |
| Q3 FY2021 | 31 Dec 2020 | 39.65T | +24.68% | 43.00T | 3.35T | 4.45 |
| Q2 FY2021 | 30 Sept 2020 | 40.00T | +26.24% | 67.50T | 27.51T | 4.54 |
| Q1 FY2021 | 30 Jun 2020 | 37.49T | +19.75% | 39.58T | 2.09T | 4.35 |
| Q4 FY2020 | 31 Mar 2020 | 35.21T | +16.52% | 59.15T | 23.94T | 4.12 |
| Q3 FY2020 | 31 Dec 2019 | 31.80T | -8.59% | 42.29T | 10.49T | 3.59 |
| Q2 FY2020 | 30 Sept 2019 | 31.68T | -16.01% | 61.14T | 29.45T | 3.59 |
| Q1 FY2020 | 30 Jun 2019 | 31.31T | -4.70% | 40.63T | 9.33T | 3.58 |
| Q4 FY2019 | 31 Mar 2019 | 30.22T | -6.51% | 62.11T | 31.89T | 3.45 |
| Q3 FY2019 | 31 Dec 2018 | 34.79T | +0.33% | 43.82T | 9.03T | 3.93 |
| Q2 FY2019 | 30 Sept 2018 | 37.73T | +4.25% | 67.05T | 29.33T | 4.10 |
| Q1 FY2019 | 30 Jun 2018 | 32.85T | -1.73% | 46.21T | 13.35T | 3.59 |
| Q4 FY2018 | 31 Mar 2018 | 32.32T | -5.77% | 71.39T | 39.07T | 3.56 |
| Q3 FY2018 | 31 Dec 2017 | 34.68T | -5.60% | 47.91T | 13.24T | 3.81 |
| Q2 FY2018 | 30 Sept 2017 | 36.19T | +2.98% | 71.68T | 35.49T | 4.16 |
| Q1 FY2018 | 30 Jun 2017 | 33.43T | -6.73% | 41.81T | 8.38T | 3.89 |
| Q4 FY2017 | 31 Mar 2017 | 34.30T | -1.49% | 67.69T | 33.38T | 4.02 |
| Q3 FY2017 | 31 Dec 2016 | 36.73T | -10.42% | 42.24T | 5.51T | 4.39 |
| Q2 FY2017 | 30 Sept 2016 | 35.14T | -16.15% | 42.72T | 7.57T | 4.26 |
| Q1 FY2017 | 30 Jun 2016 | 35.84T | -8.56% | 44.08T | 8.24T | 4.42 |
| Q4 FY2016 | 31 Mar 2016 | 34.82T | -11.77% | 61.77T | 26.95T | 4.26 |
| Q3 FY2016 | 31 Dec 2015 | 41.00T | -1.64% | 37.39T | -3.61T | 4.99 |
| Q2 FY2016 | 30 Sept 2015 | 41.91T | +5.11% | 60.53T | 18.62T | 5.31 |
| Q1 FY2016 | 30 Jun 2015 | 39.19T | +0.71% | 32.21T | -6.98T | 4.79 |
| Q4 FY2015 | 31 Mar 2015 | 39.47T | +2.54% | 56.17T | 16.70T | 4.83 |
| Q3 FY2015 | 31 Dec 2014 | 41.69T | -5.82% | 28.14T | -13.55T | 5.55 |
| Q2 FY2015 | 30 Sept 2014 | 39.87T | -8.03% | 51.50T | 11.63T | 6.25 |
| Q1 FY2015 | 30 Jun 2014 | 38.92T | +1.36% | 22.14T | -16.78T | 5.77 |
| Q4 FY2014 | 31 Mar 2014 | 38.49T | -1.57% | 51.26T | 12.77T | 5.96 |
| Q3 FY2014 | 31 Dec 2013 | 44.27T | +86.65% | 21.74T | -22.53T | 6.89 |
| Q2 FY2014 | 30 Sept 2013 | 43.35T | +73.69% | 52.72T | 9.37T | 7.17 |
| Q1 FY2014 | 30 Jun 2013 | 38.39T | +12.46% | 17.10T | -21.29T | 6.52 |
| Q4 FY2013 | 31 Mar 2013 | 39.10T | -2.86% | 52.00T | 12.90T | 6.83 |
| Q3 FY2013 | 31 Dec 2012 | 23.72T | -37.98% | 10.30T | -13.41T | 4.58 |
| Q2 FY2013 | 30 Sept 2012 | 24.96T | +23.96% | 45.40T | 20.44T | 5.57 |
| Q1 FY2013 | 30 Jun 2012 | 34.14T | +18.77% | 7.56T | -26.59T | 7.09 |
| Q4 FY2012 | 31 Mar 2012 | 40.25T | -2.86% | 48.73T | 8.48T | 9.00 |
| Q3 FY2012 | 31 Dec 2011 | 38.24T | +139.51% | 7.32T | -30.92T | 8.47 |
| Q2 FY2012 | 30 Sept 2011 | 20.13T | +5.74% | 6.28T | -13.85T | 4.98 |
| Q1 FY2012 | 30 Jun 2011 | 28.75T | +123.13% | 5.15T | -23.60T | 6.84 |
| Q4 FY2011 | 31 Mar 2011 | 41.44T | +12.28% | 48.78T | 7.34T | 11.28 |
| Q3 FY2011 | 31 Dec 2010 | 15.97T | -8.68% | 4.65T | -11.32T | 3.60 |
| Q2 FY2011 | 30 Sept 2010 | 19.04T | +0.47% | 3.80T | -15.24T | 5.05 |
| Q1 FY2011 | 30 Jun 2010 | 12.88T | -13.80% | 4.31T | -8.57T | 3.71 |
| Q4 FY2010 | 31 Mar 2010 | 36.91T | +6.47% | 43.34T | 6.43T | 12.44 |
| Q3 FY2010 | 31 Dec 2009 | 17.48T | -39.69% | 4.18T | -13.30T | 5.34 |
| Q2 FY2010 | 30 Sept 2009 | 18.95T | +21.84% | 5.13T | -13.82T | 9.10 |
| Q1 FY2010 | 30 Jun 2009 | 14.95T | -26.03% | 4.17T | -10.78T | 5.85 |
| Q4 FY2009 | 31 Mar 2009 | 34.67T | +0.90% | 33.53T | -1.14T | 40.98 |
| Q3 FY2009 | 31 Dec 2008 | 28.99T | +101.24% | 11.82T | -17.17T | 9.97 |
| Q2 FY2009 | 30 Sept 2008 | 15.56T | -23.40% | 4.30T | -11.26T | 7.11 |
| Q1 FY2009 | 30 Jun 2008 | 20.20T | +3.16% | 4.39T | -15.82T | 5.15 |
| Q4 FY2008 | 31 Mar 2008 | 34.36T | +3.64% | 38.13T | 3.78T | 10.51 |
| Q3 FY2008 | 31 Dec 2007 | 14.41T | +7.02% | 4.35T | -10.06T | 3.16 |
| Q2 FY2008 | 30 Sept 2007 | 20.31T | -4.65% | 3.24T | -17.07T | 4.37 |
| Q1 FY2008 | 30 Jun 2007 | 19.59T | -3.86% | 3.76T | -15.83T | 4.00 |
| Q4 FY2007 | 31 Mar 2007 | 33.15T | — | 3.99T | -29.16T | 6.75 |
| Q3 FY2007 | 31 Dec 2006 | 13.46T | — | 3.55T | -9.91T | 2.95 |
| Q2 FY2007 | 30 Sept 2006 | 21.30T | — | 3.49T | -17.81T | 4.92 |
| Q1 FY2007 | 30 Jun 2006 | 20.37T | — | 3.74T | -16.63T | 4.53 |
Figures in JPY at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Mizuho Financial Group's debt
Source: Financial Modeling Prep
