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Earnings Analysis: 
Mizuho Financial Sales Down 11%
Author: Trupti Mehta
123jump.com
Last Update: 5:40 AM ET May 18 2010


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Mizuho Financial Group, Inc fiscal year 2010 revenues fell 11% to ¥5.04 trillion and net profit was ¥388.7 billion or ¥29.54 a share.

 
6:40 PM Tokyo, Japan - Mizuho Financial Group, Inc revenue fell 11% and net profit was ¥388.7 billion.

Mizuho Financial Group, Inc, the bank said fiscal year 2010 revenues fell 11% to ¥5.04 trillion from ¥5.68 trillion a year ago. Net profit in the year was ¥388.7 billion or ¥29.54 per diluted share compared to net loss of ¥257 billion a year ago.

Mizuho Financial Group, Inc, in the last one year traded as high as ¥699.00 in June 2009 and as low as ¥437.00 in December 2009. Based on the yesterday’s closing price of ¥449.00 the company has market cap of ¥6.35 trillion.
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