Compensation for Executive Officers

At Mizuho Financial Group, the Compensation Committee resolves on the basic policy for executive compensation which determines matters regarding the components of compensation for each individual director, executive officer as defined in the Companies Act, and executive officer as defined in our internal regulations (collectively, “Officers”).

Outline of the basic policy for executive compensation

Compensation system

  • Compensation for officers responsible for business execution shall, in principle, consist of Base Salary, Stock Compensation, and Performance Payments. Additionally, the ratio and composition of fixed compensation and performance-based compensation (variable compensation) is determined based on the role and responsibilities of the officer and for the Group CEO the ratio of fixed compensation is set at a minimum.
  • From the perspective of ensuring the effectiveness of the supervisory function, compensation for non-executive officers responsible for management supervision shall, in principle, be in the form of fixed compensation, consisting of Base Salary and Stock Compensation I. Such composition shall, in principle, be 85% and 15% for Base Salary and Stock Compensation I, respectively.

 

Compensation determination process

The Compensation Committee shall determine the executive compensation system including the compensation structure taking into account the basic policy for executive compensation. In addition, in order to ensure fairness and objectivity concerning the compensation for each officer, the Compensation Committee shall determine the compensation for each individual director and executive officer of Mizuho Financial Group as defined in the Companies Act and approve the compensation of each individual director of the Three Core Companies.

Back to top