Related Party Transactions

12 Months Ended

Mar. 31, 2020

Text Block [Abstract]

Related Party Transactions

30. Related party transactions

The banking subsidiaries of MHFG make loans to the MHFG Group’s directors, executive officers, and other related parties. At March 31, 2019 and 2020, the aggregate loans to the Group’s equity method investees amounted to ¥473 billion and ¥497 billion, respectively, and outstanding loans to MHFG Group’s directors, executive officers, and other related parties were not considered significant. There were no loans to related parties that were considered impaired.

Summarized Financial Information of the MHFG Group’s Equity Method Investees

Summarized financial information of the MHFG Group’s equity method investees as of March 31, 2019 and 2020, and for each of the three years ended March 31, 2020, is as follows:

	2019		2020
	(in billions of yen)
Loans		7,954		7,268
Total assets		28,674		27,036
Deposits		10,167		8,665
Total liabilities		26,387		25,014
Total equity		2,287		2,022
Noncontrolling interests		615		11

	2018		2019		2020
	(in billions of yen)
Total interest and dividend income		458		503		586
Total interest expense		153		165		198
Provision (credit) for loan losses		66		84		81
Net interest income after provision (credit) for loan losses		239		254		307
Income before income tax expense		149		229		196
Net income		132		201		150