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Mizuho Financial Group has raised its full-year profit forecast and announced a stock buyback following a strong second quarter (Q2). The company's first-half results were bolstered by increased lending income and gains from the sale of shareholdings. The rate hikes have significantly boosted Mizuho's margins, prompting the upward revision of its annual guidance.
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Japan's MUFG lifts profit forecasts after Q2 net income nearly doubles https://t.co/flClb1q1wC
Mizuho lifts annual guidance after bumper Q2 as rate hikes boost margins https://t.co/91QlSgUCFk https://t.co/dxHbA6bl8T

