Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of December, 2007.

Commission File Number 001-33098

Mizuho Financial Group, Inc.

(Translation of registrant’s name into English)

5-5, Otemachi 1-chome

Chiyoda-ku, Tokyo 100-0004

Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x    Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨    No  x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82-                    .

 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: December 26, 2007
Mizuho Financial Group, Inc.
By:  

/s/ Satoru Nishibori

Name:   Satoru Nishibori
Title:   Managing Director / CFO


LOGO

December 26, 2007

To whom it may concern:

 

Company Name:    Mizuho Financial Group, Inc.
Representative:    Terunobu Maeda, President & CEO
Address:   

5-5 Otemachi 1-chome, Chiyoda-ku, Tokyo

100-0004, Japan

Stock Code Number (Japan): 8411 [Tokyo Stock Exchange
(First Section), Osaka Securities Exchange (First Section)]

Corrections in “Financial Statements <under Japanese GAAP>”

Mizuho Financial Group, Inc. (“MHFG”) hereby announces partial corrections in its “Financial Statements for the First Half of Fiscal 2007,” “Summary of Interim Results for Fiscal 2007” and “Selected Financial Information for the First Half of Fiscal 2007” disclosed on November 14, 2007 and other financial reports (“Financial Statements <under Japanese GAAP>”) as shown in the appendices.

 

 

 

Please direct any inquiries to:

 

Mizuho Financial Group, Inc.    Corporate Communications    81-3-5224-2026  

 

 


Appendix

Corrected Information

Corrected information is underlined.

Financial Statements for the First Half of Fiscal 2007

 

Page

  

Item

  

Before Correction

  

After Correction

1-1

  

1. Financial Highlights for the First Half of Fiscal 2007

(2) Consolidated Financial Conditions

Consolidated Capital Adequacy Ratio (BIS Standard),

1H F2007

  

11.79%

   11.80%
     

(omitted)

  

(omitted)

1-5

  

1. Consolidated Results of Operations

(2) Analysis of Financial Conditions

  

The Consolidated Capital Adequacy Ratio (Basel II BIS Standard) was

11.79%. (Preliminary)

  

The Consolidated Capital Adequacy Ratio (Basel II BIS Standard) was 11.80%.(Preliminary)

1-6

  

Same as above

In the table,

September 30, 2007

   11.79%    11.80%

Summary of Interim Results for Fiscal 2007

 

P2-3 III.   Financial Soundness,
  In the table,

<Before Correction>

 

     (JPY Bn)    September 30, 2007  
           Change from
March 31, 2007
 

Consolidated Capital Adequacy Ratio

     11.79 %   -0.69 %

(Total Risk-based Capital)

     (8,325.2 )   (-516.0 )

Tier 1 Capital Ratio

     6.97 %   0.01 %

(Tier 1 Capital)

     (4,918.7 )   (-14.8 )

<After Correction>

 

     (JPY Bn)    September 30, 2007  
           Change from
March 31, 2007
 

Consolidated Capital Adequacy Ratio

     11.80 %   -0.68 %

(Total Risk-based Capital)

     (8,322.8 )   (-518.5 )

Tier 1 Capital Ratio

     6.97 %   0.01 %

(Tier 1 Capital)

     (4,918.7 )   (-14.8 )


Selected Financial Information for the First Half of Fiscal 2007

p3-19 9. Capital Adequacy Ratio (Basel II)

Consolidated

Mizuho Financial Group

BIS Standard

 

     (%, Billions of yen)
     As of September 30, 2007   

As of

March 31, 2007

<Before Correction>

 

   (Preliminary)   

Change from

March 31, 2007

  
(1)   Capital Adequacy Ratio    11.79    (0.69)    12.48
  Tier 1 Capital Ratio    6.97    0.01    6.96
       (omitted)      
(3)   Tier 2 Capital    3,723.2    (369.3)    4,092.6
    Tier 2 Capital Included as Qualifying Capital    3,723.2    (369.3)    4,092.6
  45% of Unrealized Gains on Other Securities    842.3    (258.4)    1,100.8
  45% of Revaluation Reserve for Land    114.4    (1.6)    116.0
  General Reserve for Possible Losses on Loans, etc    72.2    (59.3)    131.5
  Debt Capital, etc    2,694.2    (49.9)    2,744.1
    Perpetual Subordinated Debt and Other Debt Capital    691.9    (93.6)    785.5
    Dated Subordinated Debt and Redeemable Preferred Stock    2,002.2    43.6    1,958.6
  Other    —      —      —  
       (omitted)      
(5)   Total Risk-based Capital (2)+(3)-(4)    8,325.2    (516.0)    8,841.3
(6)   Risk-weighted Assets    70,555.1    (240.2)    70,795.4
  Credit Risk Assets    61,694.7    1,939.7    59,755.0
    On-balance-sheet Items    51,440.2    2,721.6    48,718.5
    Off-balance-sheet Items    10,254.5    (781.9)    11,036.4
  Market Risk Equivalent Assets    2,680.2    493.7    2,186.4
  Operational Risk Equivalent Assets    3,905.5    28.0    3,877.5
  Adjusted Floor Amount    2,274.6    (2,701.8)    4,976.4

 

        

(%, Billions of yen)

          As of September 30, 2007   

As of

March 31, 2007

<After Correction>

 

   (Preliminary)   

Change from

March 31, 2007

  

(1)

  Capital Adequacy Ratio    11.80    (0.68)    12.48
  Tier 1 Capital Ratio    6.97    0.01    6.96
       (omitted)      

(3)

  Tier 2 Capital    3,720.8    (371.7)    4,092.6
    Tier 2 Capital Included as Qualifying Capital    3,720.8    (371.7)    4,092.6
  45% of Unrealized Gains on Other Securities    842.3    (258.4)    1,100.8
  45% of Revaluation Reserve for Land    114.4    (1.6)    116.0
  General Reserve for Possible Losses on Loans, etc    69.8    (61.7)    131.5
  Debt Capital, etc    2,694.2    (49.9)    2,744.1
    Perpetual Subordinated Debt and Other Debt Capital    691.9    (93.6)    785.5
    Dated Subordinated Debt and Redeemable Preferred Stock    2,002.2    43.6    1,958.6
  Other    —      —      —  
       (omitted)      

(5)

  Total Risk-based Capital (2)+(3)-(4)    8,322.8    (518.5)    8,841.3

(6)

  Risk-weighted Assets    70,525.1    (270.3)    70,795.4
  Credit Risk Assets    61,662.8    1,907.7    59,755.0
    On-balance-sheet Items    49,915.3    1,196.7    48,718.5
    Off-balance-sheet Items    11,747.5    711.0    11,036.4
  Market Risk Equivalent Assets    2,680.2    493.7    2,186.4
  Operational Risk Equivalent Assets    3,905.5    28.0    3,877.5
  Adjusted Floor Amount    2,276.5    (2,699.9)    4,976.4


p3-20 9. Capital Adequacy Ratio (Basel II)

Mizuho Corporate Bank

BIS Standard

 

      (%, Billions of yen)
     As of September 30, 2007    

As of

March 31, 2007

<Before Correction>

 

   (Preliminary)   

Change from

March 31, 2007

   
(1)    Capital Adequacy Ratio    13.04    (0.97 )   14.01
   Tier 1 Capital Ratio    8.54    (0.02 )   8.56
(2)    Tier 1 Capital    3,284.0    27.2     3,256.8
(3)    Tier 2 Capital    2,004.6    (247.4 )   2,252.1
(4)    Deductions for Total Risk-based Capital    276.3    96.9     179.4
(5)    Total Risk-based Capital (2)+(3)-(4)    5,012.3    (317.2 )   5,329.5
(6)    Risk-weighted Assets    38,418.7    394.3     38,024.4

 

     (%, Billions of yen)
     As of September 30, 2007     As of
March 31, 2007

<After Correction>

 

   (Preliminary)    Change from
March 31, 2007
   
(1)    Capital Adequacy Ratio    13.05    (0.96 )   14.01
   Tier 1 Capital Ratio    8.55    (0.01 )   8.56
(2)    Tier 1 Capital    3,284.0    27.2     3,256.8
(3)    Tier 2 Capital    2,002.3    (249.8 )   2,252.1
(4)    Deductions for Total Risk-based Capital    276.3    96.9     179.4
(5)    Total Risk-based Capital (2)+(3)-(4)    5,009.9    (319.5 )   5,329.5
(6)    Risk-weighted Assets    38,389.4    365.0     38,024.4


Selected Financial Information for the First Half of Fiscal 2007

p.3-45 2. Number of Directors and Employees

Non-Consolidated

 

<Before Correction>

 

               

Aggregated Figures of the 3 Banks

 

   As of
September 30,
2007
  

Change from

March 31,
2007

   

Change from

September 30,
2006

    As of
March 31,
2007
   As of
September 30,
2006

Members of the Board of Directors and Auditors

   32    —       (1 )   32    33

Executive Officers (excluding those doubling as directors)

   91    4     3     87    88

Employees (excluding Executive Officers)

   28,450    1,237     796     27,213    27,654

Mizuho Corporate Bank

            

Members of the Board of Directors and Auditors

   10    —       (1 )   10    11

Executive Officers (excluding those doubling as directors)

   39    (2 )   (2 )   41    41

Employees (excluding Executive Officers)

   7,568    (444 )   (305 )   8,012    7,873

 

<After Correction>

 

               

Aggregated Figures of the 3 Banks

 

   As of
September 30,
2007
   Change from
March 31,
2007
    Change from
September 30,
2006
    As of
March 31,
2007
   As of
September 30,
2006

Members of the Board of Directors and Auditors

   33    1     —       32    33

Executive Officers (excluding those doubling as directors)

   91    4     3     87    88

Employees (excluding Executive Officers)

   28,450    1,237     796     27,213    27,654

Mizuho Corporate Bank

            

Members of the Board of Directors and Auditors

   11    1     —       10    11

Executive Officers (excluding those doubling as directors)

   39    (2 )   (2 )   41    41

Employees (excluding Executive Officers)

   7,568    (444 )   (305 )   8,012    7,873