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Mizuho Financial posts YOY decline in fiscal-year profit

Mizuho Financial Group Inc. posted a 4.4% year-over-year decrease in profit for the fiscal year ended March 31.

The group's full-year profit attributable to owners fell to ¥576.55 billion from ¥603.54 billion.

EPS dropped to ¥22.72 from ¥23.78.

The S&P Capital IQ consensus GAAP EPS estimate for the fiscal year was ¥21.97.

As of May 14, US$1 was equivalent to ¥109.61.

More details to follow.