Today I will talk about Mizuho Financial Group which is one of Japan's three largest banks and is popular among individual investors as a high-dividend stock.
8411 Ｍｉｚｕｈｏ Ｆｉｎａｎｃｉａｌ Ｇｒｏｕｐ
Mizuho Financial Group is a large financial group with banks, trust
banks, securities and various other affiliated subsidiaries.
Most of the current financial industry is advancing new efforts by utilizing IT.
Along with the development of technology, the industry is about to change greatly now, and it seems that 92% of the existing banks around the world are expected to threatened with extinction within 10 years if new innovations cannot be made in the future.
￥174.1（Jan.11th the last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March Dividend yield 4.31% PER 7.75 PBR 0.48
Equity ratio 4.4% (the standard figure of Banking industry 9%）
Bank stocks have similar price movements worldwide, and after the financial crisis, the financial industry in Japan has had relatively stable performance.
In recent years, interest rates are low, so banks cannot rely on interest income.
For businesses to continue, it depends on how much effort is put into increasing the proportion of revenues not dependent on interest rates.
I hope that new efforts, such as promoting the use of technology or creating new services by collaborating with technology companies will help the traditional entities in the financial industry stay relevant.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2016.3 |
3,215,274 |
852,854 |
670,943 |
26.9 |
7.5 |
28% |
|
2017.3 |
3,292,900 |
663,416 |
603,544 |
23.9 |
7.5 |
31% |
|
2018.3 |
3,561,125 |
457,820 |
576,547 |
22.7 |
7.5 |
33% |
|
2019.3 |
3,600,000 |
600,000 |
570,000 |
22.5 |
7.5 |
33% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March, 2019 is the predicted value
|
Cash flow statement |
2018.3 |
2017.3 |
|
CF operating activities |
29,667 |
46,901 |
|
CF investing activities |
▲23,161 |
57,963 |
|
CF financing activities |
1,499 |
▲245 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.