Japan's Mizuho fourth-quarter profit surges almost seven-fold
Government
TOKYO, May 15 : Japan's third-largest lender Mizuho Financial Group logged a 661 per cent jump in fourth-quarter profit on Friday. Net profit for the January-March period came in at 228.7 billion yen ($1.44 billion) compared to 30.1 billion yen over the same period a year prior. Mizuho also booked its highest-ever annual net profit of 1.25 trillion yen and set its profit forecast for financial year ending March 2027 higher, at 1.3 trillion. The results show the resilience of Japan's banking
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