Loans (Tables)

12 Months Ended

Mar. 31, 2020

Loans Outstanding by Domicile and Industry of Borrower

The table below presents loans outstanding by domicile and industry of borrower at March 31, 2019 and 2020:

	2019		2020
	(in millions of yen)
Domestic:
Manufacturing		9,553,854		9,731,028
Construction and real estate		8,950,577		9,603,433
Services		5,016,971		5,992,511
Wholesale and retail		5,159,356		5,219,727
Transportation and communications		3,693,491		3,832,884
Banks and other financial institutions		4,345,589		4,634,442
Government and public institutions		2,358,904		2,198,805
Other industries(Note)		5,472,597		5,389,347
Individuals:
Mortgage loans		8,950,216		8,567,099
Other		907,589		861,235
Total domestic		54,409,144		56,030,511
Foreign:
Commercial and industrial		19,126,182		20,818,709
Banks and other financial institutions		9,086,721		10,475,277
Government and public institutions		296,872		317,284
Other		33,171		35,388
Total foreign		28,542,946		31,646,658
Total		82,952,090		87,677,169
Less: Unearned income and deferred loan fees—net		152,147		149,081
Total loans before allowance for loan losses		82,799,943		87,528,088

Note: Other industries of domestic includes trade receivables and lease receivables of consolidated VIEs.

Credit Quality Information of Loans Based on MHFG Group's Internal Rating System

The table below presents credit quality information of loans based on the MHFG Group’s internal rating system at March 31, 2019 and 2020:

	Normal obligors						Watch obligors excluding special attention obligors(1)						Impaired loans		Total
	Corporate		Retail(2)		Other(3)		Corporate		Retail(2)		Other(3)
	(in millions of yen)
2019
Domestic:
Manufacturing		9,205,542		69,080		19,805		141,202		8,278		1,303		108,644		9,553,854
Construction and real estate		8,182,062		505,142		15,920		186,753		14,490		25		46,185		8,950,577
Services		4,665,709		165,643		3,281		90,178		18,586		1		73,573		5,016,971
Wholesale and retail		4,682,630		161,392		26,881		127,695		25,553		591		134,614		5,159,356
Transportation and communications		3,543,952		71,934		934		37,993		7,472		—		31,206		3,693,491
Banks and other financial institutions		4,304,483		1,534		72		28,881		319		—		10,300		4,345,589
Government and public institutions		2,358,899		5		—		—		—		—		—		2,358,904
Other industries(4)		3,126,217		2,450		2,323,197		7,725		421		3,633		8,954		5,472,597
Individuals		233,986		9,384,955		64,974		21,127		70,427		1,168		81,168		9,857,805
Total domestic		40,303,480		10,362,135		2,455,064		641,554		145,546		6,721		494,644		54,409,144
Foreign:
Commercial and industrial		16,101,326		182		2,488,800		347,060		—		38,404		150,410		19,126,182
Banks and other financial institutions		8,583,432		—		492,831		10,458		—		—		—		9,086,721
Government and public institutions		296,870		—		—		—		—		—		2		296,872
Other		1,480		9,713		19,690		333		—		879		1,076		33,171
Total foreign		24,983,108		9,895		3,001,321		357,851		—		39,283		151,488		28,542,946
Total		65,286,588		10,372,030		5,456,385		999,405		145,546		46,004		646,132		82,952,090
2020
Domestic:
Manufacturing		9,007,095		62,921		17,445		475,983		7,474		684		159,426		9,731,028
Construction and real estate		8,849,784		473,339		12,710		201,384		10,928		—		55,288		9,603,433
Services		5,600,528		159,657		2,943		131,783		16,602		15		80,983		5,992,511
Wholesale and retail		4,766,460		145,568		17,156		119,778		22,363		873		147,529		5,219,727
Transportation and communications		3,692,025		65,535		395		44,250		7,664		303		22,712		3,832,884
Banks and other financial institutions		4,595,441		1,593		347		24,686		429		—		11,946		4,634,442
Government and public institutions		2,198,796		9		—		—		—		—		—		2,198,805
Other industries(4)		3,106,282		2,684		2,230,748		15,238		372		15,038		18,985		5,389,347
Individuals		208,832		8,989,113		63,185		20,990		60,128		2,279		83,807		9,428,334
Total domestic		42,025,243		9,900,419		2,344,929		1,034,092		125,960		19,192		580,676		56,030,511
Foreign:
Commercial and industrial		17,806,263		284		2,526,317		314,273		—		36,593		134,979		20,818,709
Banks and other financial institutions		9,745,247		—		726,823		3,207		—		—		—		10,475,277
Government and public institutions		303,393		—		13,129		762		—		—		—		317,284
Other		1,333		10,406		20,558		1,684		15		843		549		35,388
Total foreign(5)		27,856,236		10,690		3,286,827		319,926		15		37,436		135,528		31,646,658
Total		69,881,479		9,911,109		5,631,756		1,354,018		125,975		56,628		716,204		87,677,169

Notes:

(1) Special attention obligors are watch obligors with debt in TDR or 90 days or more delinquent debt. Loans to such obligors are considered impaired.

(2) The primary component of the retail portfolio segment is mortgage loans to individuals which obligor category is classified based on past due status. The trigger to reclassify obligors from normal obligors to watch obligors excluding special attention obligors is when the past due status is more than 30 days.

(3) Non-impaired loans held by subsidiaries other than MHBK and MHTB constitute other, since their portfolio segments are not identical to those of MHBK and MHTB.

(4) Other industries of domestic includes trade receivables and lease receivables of consolidated VIEs.

(5) Impaired loans to foreign borrowers decreased by ¥15,960 million due mainly to the sale of certain loans, partly offset by deterioration of credit status of certain other borrowers.

Impaired Loans Information

The table below presents impaired loans information at March 31, 2019 and 2020:

	Recorded investment(1)						Unpaid principal balance		Related allowance(3)		Average recorded investment		Interest income recognized(4)
	Requiring an allowance for loan losses		Not requiring an allowance for loan losses(2)		Total
	(in millions of yen)
2019
Domestic:
Manufacturing		103,039		5,605		108,644		111,533		39,301		122,764		1,404
Construction and real estate		36,873		9,312		46,185		51,158		4,661		42,224		487
Services		64,021		9,552		73,573		79,736		16,311		67,679		1,058
Wholesale and retail		124,911		9,703		134,614		147,665		38,763		130,860		1,814
Transportation and communications		28,297		2,909		31,206		32,139		13,146		29,864		412
Banks and other financial institutions		6,473		3,827		10,300		10,300		1,327		10,671		109
Other industries		8,867		87		8,954		9,149		5,761		6,042		29
Individuals		37,488		43,680		81,168		88,331		2,630		86,082		1,326
Total domestic		409,969		84,675		494,644		530,011		121,900		496,186		6,639
Foreign:
Total foreign(5)		119,079		32,409		151,488		164,984		47,345		113,559		1,518
Total		529,048		117,084		646,132		694,995		169,245		609,745		8,157
2020
Domestic:
Manufacturing		152,865		6,561		159,426		162,742		62,879		139,123		2,292
Construction and real estate		47,413		7,875		55,288		62,064		8,366		50,343		593
Services		71,358		9,625		80,983		85,565		20,117		78,583		973
Wholesale and retail		139,338		8,191		147,529		158,933		48,582		139,042		1,845
Transportation and communications		20,203		2,509		22,712		23,555		7,318		25,549		383
Banks and other financial institutions		8,193		3,753		11,946		11,946		1,541		10,565		129
Other industries		18,709		276		18,985		20,716		8,606		14,512		194
Individuals		42,632		41,175		83,807		88,315		6,382		82,456		1,253
Total domestic		500,711		79,965		580,676		613,836		163,791		540,173		7,662
Foreign:
Total foreign(5)		95,289		40,239		135,528		151,212		67,235		123,313		3,032
Total		596,000		120,204		716,204		765,048		231,026		663,486		10,694

(1) Amounts represent the outstanding balances of nonaccrual loans. The MHFG Group’s policy for placing loans in nonaccrual status corresponds to the Group’s definition of impaired loans.

(2) These impaired loans do not require an allowance for loan losses because the MHFG Group has sufficient collateral to cover probable loan losses.

(3) The allowance for loan losses on impaired loans includes the allowance for groups of loans which were collectively evaluated for impairment, in addition to the allowance for those loans that were individually evaluated for impairment. The total carrying amount of the groups of loans which were collectively evaluated for impairment at March 31, 2019 and 2020 was ¥257,099 million and ¥260,596 million, respectively.

(4) Amounts represent the amount of interest income on impaired loans recognized on a cash basis and included in Interest income on loans in the consolidated statements of income.

(5) The majority of total foreign consist of commercial and industrial loans.

Troubled Debt Restructurings Entered Modified Periods by Type of Concession Granted

The following table presents modified loans that were determined to be TDRs during the fiscal years ended March 31, 2019 and 2020:

	Loan forgiveness or debt to equity swaps				Interest rate reduction and/or postponement of principal and/or interest
	Recorded investment(1)		Charge-offs
	(in millions of yen)
2019
Domestic:
Manufacturing		—		—		134,544
Construction and real estate		—		—		39,254
Services		—		—		87,468
Wholesale and retail		—		—		167,299
Transportation and communications		—		—		33,991
Banks and other financial institutions		—		—		17,286
Other industries		—		—		120
Individuals		—		—		42,330
Total domestic		—		—		522,292
Foreign:
Total foreign(2)		984		1,964		44,033
Total		984		1,964		566,325
2020
Domestic:
Manufacturing		689		3,806		148,564
Construction and real estate		—		—		31,803
Services		—		—		78,211
Wholesale and retail		—		196		169,224
Transportation and communications		—		—		18,700
Banks and other financial institutions		—		—		16,962
Other industries		—		—		1,366
Individuals		—		—		14,000
Total domestic		689		4,002		478,830
Foreign:
Total foreign(2)		466		4,906		114,159
Total		1,155		8,908		592,989

Notes:

(1) Amounts represent the book values of loans immediately after the restructurings.

(2) The majority of total foreign consist of commercial and industrial loans.

Payment Defaults Occurred During Periods with Respect to Loans Modified as Troubled Debt Restructurings within Previous Twelve Months

	Recorded investment
	2019		2020
	(in millions of yen)
Domestic:
Manufacturing		1,173		3,752
Construction and real estate		121		345
Services		1,335		3,822
Wholesale and retail		15,087		19,018
Transportation and communications		878		824
Banks and other financial institutions		66		66
Other industries		1,650		—
Individuals		2,152		2,545
Total domestic		22,462		30,372
Foreign:
Total foreign		5,418		11,442
Total		27,880		41,814

Age Analysis of Past Due Loans

The table below presents an analysis of the age of the recorded investment in loans that are past due at March 31, 2019 and 2020:

	30-59 days past due		60-89 days past due		90 days or more past due		Total past due		Current		Total
	(in millions of yen)
2019
Domestic:
Manufacturing		2,210		513		7,036		9,759		9,544,095		9,553,854
Construction and real estate		1,010		1,054		31,092		33,156		8,917,421		8,950,577
Services		633		196		3,494		4,323		5,012,648		5,016,971
Wholesale and retail		1,614		1,415		7,868		10,897		5,148,459		5,159,356
Transportation and communications		363		256		2,119		2,738		3,690,753		3,693,491
Banks and other financial institutions		3		484		6		493		4,345,096		4,345,589
Government and public institutions		—		—		—		—		2,358,904		2,358,904
Other industries		2		—		57		59		5,472,538		5,472,597
Individuals		27,139		11,013		28,965		67,117		9,790,688		9,857,805
Total domestic		32,974		14,931		80,637		128,542		54,280,602		54,409,144
Foreign:
Total foreign(Note)		668		211		26,316		27,195		28,515,751		28,542,946
Total		33,642		15,142		106,953		155,737		82,796,353		82,952,090
2020
Domestic:
Manufacturing		1,109		386		10,997		12,492		9,718,536		9,731,028
Construction and real estate		1,266		687		21,518		23,471		9,579,962		9,603,433
Services		792		548		6,714		8,054		5,984,457		5,992,511
Wholesale and retail		1,748		2,446		11,972		16,166		5,203,561		5,219,727
Transportation and communications		56		35		2,051		2,142		3,830,742		3,832,884
Banks and other financial institutions		—		—		109		109		4,634,333		4,634,442
Government and public institutions		—		—		—		—		2,198,805		2,198,805
Other industries		28		20		1,326		1,374		5,387,973		5,389,347
Individuals		21,376		10,876		34,793		67,045		9,361,289		9,428,334
Total domestic		26,375		14,998		89,480		130,853		55,899,658		56,030,511
Foreign:
Total foreign(Note)		1,214		181		28,722		30,117		31,616,541		31,646,658
Total		27,589		15,179		118,202		160,970		87,516,199		87,677,169

Note: The majority of total foreign consist of commercial and industrial loans.