UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Merrill Lynch Mercury Asset Management Japan Limited
Address: Otemachi Financial Center Building 5-4, Otemachi 1-Chome
Chiyoda-Ku, Tokya 100-0004 Japan
13F File Number:
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Jun Ueda
Title: Vice President & Senior Counsel
Phone: 03/5220-7298
Signature, Place, and Date of Signing:
Jun Ueda Tokyo, JAPAN May 11, 1999
Merrill Lynch Mercury Asset Management Japan Limited ("MLMAMJ") is an
indirect wholly-owned unit of Merrill Lynch & Co., Inc. ("ML&Co."). The
securities positions of MLMAMJ reported herein are also being reported
on behalf of ML&Co. which may be deemed to share with MLMAMJ,
investment discretion with respect to such positions. Unless otherwise
indicated, MLMAMJ, has sole voting authority with respect to the
securities reported herein.
Report Type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXHCANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 144
Form 13F Information Table Value Total: $1870049
List of Other Included Managers:
NONE
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<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
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Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
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VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AKZO NOBEL N V ADR 010199305 504 11300 SH SOLE 11300 0 0
ASHANTI GOLDFIELDS LTD ADR 043743202 1875 200000 SH SOLE 200000 0 0
BANCO DE GALICIA Y BUENOS AIRE ADR 059538207 244 13900 SH SOLE 13900 0 0
BANCO FRANCES DEL RIO DE LA PL ADR 059591107 246 11870 SH SOLE 11870 0 0
COMPANIA DE MINAS BUENAVENTURA ADR 204448104 13000 1000000 SH SOLE 1000000 0 0
COMPANIA DE TELECOMUNICACIONES ADR 204449300 405 19600 SH SOLE 19600 0 0
ENDESA SA ADR 29258N107 540 20000 SH SOLE 20000 0 0
ENERSIS S A ADR 29274F104 397 15400 SH SOLE 15400 0 0
FOMENTO ECONOMICO MEXICANO S A ADR 344419106 561 21100 SH SOLE 21100 0 0
GRUPO TELEVISA SA DE CV ADR 40049J206 281 11400 SH SOLE 11400 0 0
INDUSTRIE NATUZZI S P A ADR 456478106 325 13071 SH SOLE 13071 0 0
KOREA ELEC PWR CO ADR 500631106 254 16200 SH SOLE 16200 0 0
LUXOTTICA GROUP S P A ADR 55068R202 825 68779 SH SOLE 68779 0 0
MATAV RT SPONSORED ADR ADR 559776109 456 15300 SH SOLE 15300 0 0
PHILIPS ELECTRS N V ADR 718337504 788 11650 SH SOLE 11650 0 0
SK TELECOM LTD ADR 78440P108 570 56000 SH SOLE 56000 0 0
TAIWAN SEMICONDUCTOR MANUFACTU ADR 874039100 241 17000 SH SOLE 17000 0 0
TELE NORTE LESTE PARTICIPACOES ADR 879246106 310 25000 SH SOLE 25000 0 0
TELE SUDESTE CELULAR PARTICIPA ADR 879252104 213 10300 SH SOLE 10300 0 0
TELEFONICA DE ARGENTINA S A ADR 879378206 670 24000 SH SOLE 24000 0 0
TELEFONOS DE MEXICO S A ADR 879403780 892 18330 SH SOLE 18330 0 0
YPF SOCIEDAD ANONIMA ADR 984245100 779 27900 SH SOLE 27900 0 0
AT&T CORP COMM 001957109 36322 479510 SH SOLE 479510 0 0
ADMINISTAFF INC COMM 007094105 345 13800 SH SOLE 13800 0 0
AETNA INC COMM 008117103 786 10000 SH SOLE 10000 0 0
AIR PRODS & CHEMS INC COMM 009158106 416 10400 SH SOLE 10400 0 0
AIRTOUCH COMMUNICATIONS INC COMM 00949T100 36474 503540 SH SOLE 503540 0 0
ALCAN ALUM LTD COMM 013716105 1353 50000 SH SOLE 50000 0 0
ALLIED SIGNAL INC COMM 019512102 1107 25000 SH SOLE 25000 0 0
ALLSTATE CORP COMM 020002101 27552 715660 SH SOLE 715660 0 0
ALTA GOLD CO COMM 021271101 612 400300 SH SOLE 400300 0 0
ALUMINUM CO AMER COMM 022249106 3728 50000 SH SOLE 50000 0 0
AMERICA ONLINE INC DEL COMM 02364J104 104362 672765 SH SOLE 672765 0 0
AMERICAN EXPRESS CO COMM 025816109 32609 318140 SH SOLE 318140 0 0
AMERICAN INTL GROUP INC COMM 026874107 38253 395900 SH SOLE 395900 0 0
ASARCO INC COMM 043413103 484 32000 SH SOLE 32000 0 0
BMC SOFTWARE INC COMM 055921100 735 16500 SH SOLE 16500 0 0
BANK NEW YORK INC COMM 064057102 1610 40000 SH SOLE 40000 0 0
BANKAMERICA CORPORATION COMM 06605F102 2576 42858 SH SOLE 42858 0 0
BATTLE MTN GOLD CO COMM 071593107 5483 1350000 SH SOLE 1350000 0 0
BECKMAN COULTER INC COMM 075811109 1030 19000 SH SOLE 19000 0 0
BELL ATLANTIC CORP COMM 077853109 17966 332720 SH SOLE 332720 0 0
BLOCK H & R INC COMM 093671105 1350 30000 SH SOLE 30000 0 0
BLUE SQUARE - ISRAEL LTD COMM 096055108 233 22500 SH SOLE 22500 0 0
BOEING CO COMM 097023105 978 30000 SH SOLE 30000 0 0
BRISTOL MYERS SQUIBB CO COMM 110122108 85105 636010 SH SOLE 636010 0 0
CVS CORP COMM 126650100 39051 710030 SH SOLE 710030 0 0
CISCO SYS INC COMM 17275R102 34391 370550 SH SOLE 370550 0 0
CITIGROUP INC COMM 172967101 1783 35900 SH SOLE 35900 0 0
COMINCO LTD COMM 200435105 1518 132000 SH SOLE 132000 0 0
COMPAQ COMPUTER CORP COMM 204493100 890 21200 SH SOLE 21200 0 0
CONAGRA INC COMM 205887102 1260 40000 SH SOLE 40000 0 0
CRANE CO COMM 224399105 973 32250 SH SOLE 32250 0 0
DIAL CORP NEW COMM 25247D101 16289 564140 SH SOLE 564140 0 0
DIME BANCORP INC NEW COMM 25429Q102 301 11500 SH SOLE 11500 0 0
DISNEY WALT CO COMM 254687106 14086 469550 SH SOLE 469550 0 0
DUKE PWR CO COMM 264399106 12645 197400 SH SOLE 197400 0 0
E M C CORP MASS COMM 268648102 64326 756780 SH SOLE 756780 0 0
EASTMAN KODAK CO COMM 277461109 1440 20000 SH SOLE 20000 0 0
ELECTRONIC DATA SYS CORP NEW COMM 285661104 1154 23000 SH SOLE 23000 0 0
EMERSON ELEC CO COMM 291011104 605 10000 SH SOLE 10000 0 0
EXXON CORP COMM 302290101 32565 445340 SH SOLE 445340 0 0
FLEET FINL GROUP INC NEW COMM 338915101 34146 764130 SH SOLE 764130 0 0
FORD MTR CO DEL COMM 345370100 14003 238620 SH SOLE 238620 0 0
GTE CORP COMM 362320103 1475 22700 SH SOLE 22700 0 0
GALILEO INTERNATIONAL COMM 363547100 1087 25000 SH SOLE 25000 0 0
GENERAL ELEC CO COMM 369604103 70349 689700 SH SOLE 689700 0 0
GETCHELL GOLD CORP COMM 374265106 15668 575000 SH SOLE 575000 0 0
GUCCI GROUP N V COMM 401566104 5220 107355 SH SOLE 107355 0 0
GULF INDONESIA RESOURCES LTD COMM 402284103 406 62500 SH SOLE 62500 0 0
HANNA M A CO COMM 410522106 357 29000 SH SOLE 29000 0 0
HEWLETT PACKARD CO COMM 428236103 1161 17000 SH SOLE 17000 0 0
HOME DEPOT INC COMM 437076102 49713 812490 SH SOLE 812490 0 0
IMS HEALTH INC COMM 449934108 43485 576450 SH SOLE 576450 0 0
INCO LTD COMM 453258709 242 48000 SH SOLE 48000 0 0
INGERSOLL RAND CO COMM 456866102 1847 39100 SH SOLE 39100 0 0
INSPIRE INSURANCE SOLUTIONS IN COMM 457732105 200 10900 SH SOLE 10900 0 0
INTEL CORP COMM 458140100 1529 12900 SH SOLE 12900 0 0
INTERNATIONAL BUSINESS MACHS C COMM 459200101 1843 10000 SH SOLE 10000 0 0
JOHNSON & JOHNSON COMM 478160104 3430 40900 SH SOLE 40900 0 0
KEYSPAN ENERGY CORPORATION COMM 49337K106 1085 35000 SH SOLE 35000 0 0
KIMBERLY CLARK CORP COMM 494368103 817 15000 SH SOLE 15000 0 0
KINROSS GOLD CORP COMM 496902107 1057 457200 SH SOLE 457200 0 0
KOHLS CORP COMM 500255104 18627 303190 SH SOLE 303190 0 0
KROGER CO COMM 501044101 56497 933840 SH SOLE 933840 0 0
LOWES COS INC COMM 548661107 843 16470 SH SOLE 16470 0 0
MCI WORLDCOM INC COMM 55268B106 40526 564830 SH SOLE 564830 0 0
MACRONIX INTL CO LTD COMM 556103109 380 48288 SH SOLE 48288 0 0
MARSH & MCLENNAN COS INC COMM 571748102 841 14400 SH SOLE 14400 0 0
MCDONALDS CORP COMM 580135101 3333 43400 SH SOLE 43400 0 0
MEDTRONIC INC COMM 585055106 4026 54200 SH SOLE 54200 0 0
MELLON BK CORP COMM 585509102 41980 610630 SH SOLE 610630 0 0
MERCK & CO INC COMM 589331107 59538 403650 SH SOLE 403650 0 0
MERIDIAN GOLD INC COMM 589975101 10805 1900000 SH SOLE 1900000 0 0
MICROSOFT CORP COMM 594918104 173816 1253300 SH SOLE 1253300 0 0
MINNESOTA MNG & MFG CO COMM 604059105 711 10000 SH SOLE 10000 0 0
MOBIL CORP COMM 607059102 36548 419500 SH SOLE 419500 0 0
MORGAN STANLEY INDIA INVT FD I COMM 61745C105 918 136000 SH SOLE 136000 0 0
MOTOROLA INC COMM 620076109 1508 24700 SH SOLE 24700 0 0
NATIONWIDE HEALTH PPTYS INC COMM 638620104 862 40000 SH SOLE 40000 0 0
NEWMONT MNG CORP COMM 651639106 15959 874500 SH SOLE 874500 0 0
NORFOLK SOUTHN CORP COMM 655844108 1029 32500 SH SOLE 32500 0 0
OCCIDENTAL PETE CORP COMM 674599105 742 44000 SH SOLE 44000 0 0
OFFICE DEPOT INC COMM 676220106 1297 35000 SH SOLE 35000 0 0
OMEGA HEALTHCARE INVS INC COMM 681936100 482 16000 SH SOLE 16000 0 0
PPG INDS INC COMM 693506107 872 15000 SH SOLE 15000 0 0
PEPSICO INC COMM 713448108 16193 396160 SH SOLE 396160 0 0
PFIZER INC COMM 717081103 44240 353920 SH SOLE 353920 0 0
PHELPS DODGE CORP COMM 717265102 915 18000 SH SOLE 18000 0 0
POTASH CORP SASK INC COMM 73755L107 958 15000 SH SOLE 15000 0 0
PRAXAIR INC COMM 74005P104 645 18300 SH SOLE 18300 0 0
PROCTER & GAMBLE CO COMM 742718109 35786 391910 SH SOLE 391910 0 0
PROVIDIAN CORP COMM 74406A102 13860 184810 SH SOLE 184810 0 0
SBC COMMUNICATIONS INC COMM 78387G103 17265 321960 SH SOLE 321960 0 0
SARA LEE CORP COMM 803111103 307 10900 SH SOLE 10900 0 0
SCHERING PLOUGH CORP COMM 806605101 27317 494440 SH SOLE 494440 0 0
SHERWIN WILLIAMS CO COMM 824348106 1028 35000 SH SOLE 35000 0 0
SONAT INC COMM 835415100 476 17600 SH SOLE 17600 0 0
SPRINT CORP COMM 852061100 41579 494260 SH SOLE 494260 0 0
SPRINT CORP COMM 852061506 6231 269480 SH SOLE 269480 0 0
STILLWATER MNG CO COMM 86074Q102 2700 67500 SH SOLE 67500 0 0
TELEFLEX INC COMM 879369106 1008 22100 SH SOLE 22100 0 0
TENNECO INC NEW COMM 88037E101 783 23000 SH SOLE 23000 0 0
TEXACO INC COMM 881694103 13872 261740 SH SOLE 261740 0 0
TEXAS INSTRS INC COMM 882508104 25390 296530 SH SOLE 296530 0 0
TEXAS UTILS CO COMM 882848104 1181 25300 SH SOLE 25300 0 0
TOLL BROS INC COMM 889478103 834 37000 SH SOLE 37000 0 0
TRANSCANADA PIPELINES LTD COMM 893526103 498 33800 SH SOLE 33800 0 0
TYCO INTERNATIONAL LTD COMM 902124106 35561 471400 SH SOLE 471400 0 0
US BANCORP COMM 902973106 21415 603252 SH SOLE 603252 0 0
UNION PAC CORP COMM 907818108 675 15000 SH SOLE 15000 0 0
UNION PAC RES GROUP INC COMM 907834105 271 30000 SH SOLE 30000 0 0
UNITED TECHNOLOGIES CORP COMM 913017109 26629 244870 SH SOLE 244870 0 0
VENGOLD INC COMM 92267K100 625 1000000 SH SOLE 1000000 0 0
WICOR INC COMM 929253102 436 20000 SH SOLE 20000 0 0
WAL MART STORES INC COMM 931142103 61637 756870 SH SOLE 756870 0 0
WALGREEN CO COMM 931422109 67543 1153370 SH SOLE 1153370 0 0
WARNER LAMBERT CO COMM 934488107 26954 358500 SH SOLE 358500 0 0
WASHINGTON MUT INC COMM 939322103 521 13596 SH SOLE 13596 0 0
WASHINGTON REAL ESTATE INVT TR COMM 939653101 745 40000 SH SOLE 40000 0 0
NATIONAL AUSTRALIA BK LTD CVPF 632525309 1254 45000 SH SOLE 45000 0 0
UNIBANCO-UNIAO DE BRANCOS BRAS GDR 90458E107 282 19600 SH SOLE 19600 0 0
ROYAL DUTCH PETE CO NY REG SHRS 780257804 809 16900 SH SOLE 16900 0 0
UNILEVER N V NY REG SHRS 904784501 1244 15000 SH SOLE 15000 0 0
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