Mizuho Financial Group, Inc. ("MHFG") hereby revises its non-consolidated earnings estimates for both the first half and the full year of fiscal 2004 ending March 31, 2005 due to recognizing extraordinary gains from sale of preferred shares issued by Mizuho Holding Inc. ("MHHD"). This sale is conducted in response to the share repurchase offer made by MHHD as MHFG announces in press release "Announcement Regarding Repurchase and Cancellation of Preferred Shares of Public Funds" dated on August 27, 2004.
Non-Consolidated Earnings Estimates for the first half of the fiscal year ending March 31, 2005
(Units: Millions of JPY)
| Ordinary Income | Ordinary Profits | Net Income | ||
| Previous Estimates (May 2004) |
19,000 | 13,500 | 13,500 | |
| Revised Estimates | 19,000 | 13,500 | 20,500 | |
| Change | 0 | 0 | 7,000 | |
| Rate of Change | - | - | 51.8% | |
Non-Consolidated Earnings Estimates for the fiscal year ending March 31, 2005
(Units: Millions of JPY)
| Ordinary Income | Ordinary Profits | Net Income | ||
| Previous Estimates (May 2004) |
25,000 | 13,500 | 13,500 | |
| Revised Estimates | 25,000 | 13,500 | 20,500 | |
| Change | 0 | 0 | 7,000 | |
| Rate of Change | - | - | 51.8% | |
This document entitled "Revision of Non-Consolidated Earnings Estimates for the Fiscal Year 2004" is prepared in order to announce facts relating to MHFG's revision of non-consolidated earnings estimates for the fiscal year 2004 and does not constitute a solicitation of investments or any similar act, in or outside of Japan.