Mizuho Expects Record Profit Despite Trade Tension Hit
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Mizuho Financial Group Inc. expects another record earnings this fiscal year, even as profitability may be dented by US tariff measures.
Japan’s third-largest lender forecast net income will likely climb 6.1% to ¥940 billion ($6.5 billion) in the year started April, it said on Thursday. That projection fell short of the ¥981.92 billion average estimate of analysts.