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MFG (Mizuho Financial Group) Minority Interest : $557.29 Mil (As of Sep. 2024)


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What is Mizuho Financial Group Minority Interest?

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Mizuho Financial Group's minority interest for the quarter that ended in Sep. 2024 was $557.29 Mil.

Mizuho Financial Group Minority Interest Historical Data

The historical data trend for Mizuho Financial Group's Minority Interest can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mizuho Financial Group Minority Interest Chart

Mizuho Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,018.53 973.30 1,041.98 562.33 531.25

Mizuho Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 518.37 548.93 531.25 503.96 557.29

Mizuho Financial Group Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Mizuho Financial Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizuho Financial Group Inc (NYSE:MFG) » Definitions » Minority Interest
Comparable Companies
TSE:7182 TSE:6178 TSE:8308 TSE:8309 TSE:8421 TSE:7186 TSE:8331 TSE:8354 TSE:5831 TSE:5838 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658
Traded in Other Exchanges
MZHOF:USA 8411:Japan MZ8:Germany MZ8A:Germany MZ8:Germany MFG:Argentina
Address
1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176
Website
https://www.mizuho-fg.co.jp
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, Mizuho's market share of domestic loans was 6.8%, compared with 7.2% for SMFG and 8.0% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.