Mizuho Financial (MFG) Restructuring Costs (2015 - 2023)

Mizuho Financial (MFG) has reported Restructuring Costs for 9 consecutive years, with $87.7 million the latest figure, recorded in Q1 2023.

• For the quarter ending Q1 2023, Restructuring Costs fell 30.12% year-over-year to $87.7 million; the trailing twelve-month figure through Mar 2023 stood at $389.6 million (down 37.82% YoY), and the FY2023 full-year result was $389.3 million, down 37.74% from the prior year.
• Restructuring Costs climbed to $87.7 million in Q1 2023 per MFG's latest filing, from $83.8 million in the prior quarter.
• Across five years, Restructuring Costs topped out at $195.8 million in Q1 2021 and bottomed at $83.8 million in Q4 2022.
• Historically, Restructuring Costs has averaged $139.1 million across 5 years, with a median of $138.5 million in 2020.
• The sharpest annual moves came in 2021 and 2022: Restructuring Costs soared 41.38% in 2021, then slumped 44.52% in 2022.
• Over 5 years, Restructuring Costs stood at $154.3 million in 2019, then climbed by 24.11% to $191.5 million in 2020, then slipped by 21.13% to $151.0 million in 2021, then plunged by 44.52% to $83.8 million in 2022, then climbed by 4.68% to $87.7 million in 2023.
• According to Business Quant data, Restructuring Costs over the past three periods registered $87.7 million, $83.8 million, and $107.1 million for Q1 2023, Q4 2022, and Q3 2022 respectively.