UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: Nippon Life Insurance Company
Address: 1-2-2 Yurakucho, Chiyoda-ku
Tokyo Japan 100-8444
Form 13F File Number: 28-3746
The institutional investment manger 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: Yasushi Nagai
Title: Deputy General Manager
Phone: 011 (81) 3 (3507) 1436
Signature, Place, and Date of Signing:
/s/ Yasushi Nagai Tokyo, Japan November 10, 1999
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report).
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 164
Form 13F Information Table Value Total: 7,146,438
(thousands)
List of Other Included Managers: None
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
None
<PAGE>
FORM 13F INFORMATION TABLE
NAME OF REPORTING MANAGER: NIPPON LIFE INSURANCE COMPANY
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Voting
Name of Title of CUSIP Value Amount and Type Investment Other Authority
Issuer Class Number ($1,000) of Security Discretion Managers (Shares)
Shares or
Principal SH/ PUT/ SHRD- SHRD-
Amount PRN CALL Sole DFND OTH Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COM 002824100 111,270 3,027,744 SH 3,027,744 3,027,744
ADBE SYS INC COM 00724F101 10,556 93,000 SH 93,000 93,000
ALCOA INC COM 013817101 29,944 482,479 SH 482,479 482,479
AMAZON.COM INC COM 023135106 33,132 410,303 SH 410,303 410,303
AMERICA ONLINE INC DELL COM 02364J104 61,860 566,228 SH 566,228 566,228
AMERICAN EXPRESS CO COM 025816109 448,381 3,330,594 SH 3,330,594 3,330,594
AMERICAN INTL GROUP INC COM 026874107 84,397 970,776 SH 970,776 970,776
AMGEN INC COM 031162100 44,686 537,986 SH 537,986 537,986
AMR CORP COM 001765106 3,198 57,881 SH 57,881 57,881
ANHEUSER BUSCH COS INC COM 035229103 10,365 147,939 SH 147,939 147,939
APPLIED MATLS COM 038222105 1,582 19,832 SH 19,832 19,832
APPLIED MICRO CIRCUITS COM 03822W109 12,942 217,737 SH 217,737 217,737
AT & T CORP COM 001957109 99,073 2,277,535 SH 2,277,535 2,277,535
AT&T CORP-LIBERTY MEDIA COM 001957208 26,971 726,482 SH 726,482 726,482
AVERY DENNISON CORP COM 053611109 26,032 493,500 SH 493,500 493,500
AVON PROS INC COM 054303102 13,821 557,000 SH 557,000 557,000
AXA FINANCIAL INC COM 002451102 18,933 339,221 SH 339,221 339,221
BAKER HUGHES INC COM 057224107 5,283 182,168 SH 182,168 182,168
BALLARD PWR SYS INC COM 05858H104 5,812 201,292 SH 201,292 201,292
BANK NEW YORK INC COM 064057102 14,261 426,500 SH 426,500 426,500
BANK OF AMERICA CORP COM 060505104 18,496 332,147 SH 332,147 332,147
BANK ONE CORP COM 06423A103 5,515 158,431 SH 158,431 158,431
BARRICK GOLD CORP COM 067901108 3,433 153,009 SH 153,009 153,009
BELL ATLANTIC CORP COM 077853109 63,492 943,241 SH 943,241 943,241
BEST BUY INC COM 086516101 3,331 53,669 SH 53,669 53,669
BESTFOODS COM 08658U101 3,270 66,742 SH 66,742 66,742
BIOGEN INC COM 090597105 19,741 242,779 SH 242,779 242,779
BMC SOFTWARE INC COM 055921100 6,759 94,446 SH 94,446 94,446
BRISTOL MYERS SQUIBB CO COM 110122108 152,788 2,263,524 SH 2,263,524 2,263,524
BROADCOM CORP-CL A COM 111320107 32,089 292,387 SH 292,387 292,387
BURLINGTON RES INC COM 122014103 12,566 339,053 SH 339,053 339,053
CATERPILLAR INC DELL COM 149123101 19,003 346,700 SH 346,700 346,700
CBS CORP COM 12490K107 42,804 916,823 SH 916,823 916,823
CHASE MANHATTAN CORP NE COM 16161A108 47,432 629,279 SH 629,279 629,279
CHEVRON CORPORATION COM 166751107 31,531 355,275 SH 355,275 355,275
CHILE FD INC COM 168834109 699 67,780 SH 67,780 67,780
CIA VALE DO RIO DOCE-SP SPONSORED ADR 204412100 199 13,760 SH 13,760 13,760
CIFRA SA-ADR V SPONSORED ADR 171785405 396 25,700 SH 25,700 25,700
CIRCUIT CITY STORE INC CIRCT CITY GRD 172737108 6,337 150,203 SH 150,203 150,203
CISCO SYS INC COM 17275R102 446,944 6,518,786 SH 6,518,786 6,518,786
CITIGROUP INC COM 172967109 200,588 4,558,825 SH 4,558,825 4,558,825
CLEAR CHANNEL COMMUNICA COM 184502102 9,805 122,750 SH 122,750 122,750
CMG INFORMATION SVCS IN COM 125750109 7,566 73,811 SH 73,811 73,811
COCA COLA CO COM 191216100 12,391 253,839 SH 253,839 253,839
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 14,788 156,793 SH 156,793 156,793
CONAGRA INC COM 20588710 2,773 120,898 SH 120,898 120,898
CONSOLIDATED EDISON INC COM 209115104 37,105 894,091 SH 894,091 894,091
CORNING INC COM 219350105 5,673 82,735 SH 82,735 82,735
DELL COMPUTER CORP COM 247025109 85,423 2,043,000 SH 2,043,000 2,043,000
DIAMOND OFFSHORE DRILLI COM 25271C102 2,671 77,846 SH 77,846 77,846
DISNEY WALT CO COM 254687106 45,183 1,725,352 SH 1,725,352 1,725,352
DOUBLECLICK INC COM 258609304 6,823 57,274 SH 57,274 57,274
DOW CHEM CO COM 260543103 6,708 59,038 SH 59,038 59,038
DU PONT E I DE NEMOURS COM 263534109 119,672 1,965,868 SH 1,965,868 1,965,868
DUKE ENERGY CORP COM 264399106 44,349 804,520 SH 804,520 804,520
EBAY INC COM 278642103 7,706 54,626 SH 54,626 54,626
ECOLAB INC COM 278865100 16,653 488,000 SH 488,000 488,000
ELECTRONIC DATA SYS NEW COM 285661104 13,862 258,201 SH 258,201 258,201
EMC CORP MASS COM 268648102 76,234 1,067,138 SH 1,067,138 1,067,138
ENRON CORP COM 293561106 29,232 708,656 SH 708,656 708,656
EXXON CORP COM 302290101 83,020 1,093,270 SH 1,093,270 1,093,270
FDX CORP COM 31304N107 16,004 413,000 SH 413,000 413,000
FIRST DATA CORP COM 319963104 2,826 64,403 SH 64,403 64,403
FIRST PHILIPPINE FD INC COM 336100102 787 131,110 SH 131,110 131,110
FPL GROUP INC COM 302571104 31,087 617,112 SH 617,112 617,112
GANNETT INC COM 364730101 2,720 39,319 SH 39,319 39,319
GAP INC DEL COM 364760108 12,240 382,500 SH 382,500 382,500
GENERAL ELEC CO COM 369604103 364,297 3,072,615 SH 3,072,615 3,072,615
GENERAL INSTR CORP DEL COM 370120107 10,528 216,784 SH 216,784 216,784
GENERAL MTRS CORP COM 370442105 7,540 119,809 SH 119,809 119,809
GENERAL MTRS CORP CL H NEW 370442832 13,734 239,887 SH 239,887 239,887
GENETIC INC COM 368710406 5,572 36,721 SH 36,721 36,721
GENZYME CORP COM GENL DIV 372917104 12,353 264,239 SH 264,239 264,239
GEORGIA PAC CORP COMGA PAC GRP 373298108 8,273 204,270 SH 204,270 204,270
GRUPO CARSO-SPONS ADR SPONSORED ADR 400485207 202 24,760 SH 24,760 24,760
HALLIBURTON CO COM 406216101 4,971 121,234 SH 121,234 121,234
HEINZ H J CO COM 423074103 3,990 92,781 SH 92,781 92,781
HEWLETT PACKARD CO COM 428236103 74,060 805,005 SH 805,005 805,005
HOME DEPOT INC COM 437076102 96,492 1,406,073 SH 1,406,073 1,406,073
HONEYWELL INC COM 438506107 32,461 291,621 SH 291,621 291,621
INCO LTD COM 453258402 5,360 250,738 SH 250,738 250,738
INDIA FD INC COM 454089103 3,348 262,580 SH 262,580 262,580
INGERSOLL RAND CO COM 456866102 21,981 392,088 SH 392,088 392,088
INTEL CORP COM 458140100 193,715 2,576,420 SH 2,576,420 2,576,420
INTERNET INITIATIVE JAP SPONSORED ADR 46059T109 3,403 53,168 SH 53,168 53,168
INTL BUSINESS MACHINES COM 459200101 193,252 1,592,191 SH 1,592,191 1,592,191
INTL PAPER CO COM 460146103 17,952 373,507 SH 373,507 373,507
JOHNSON & JOHNSON COM 478160104 219,267 2,386,579 SH 2,386,579 2,386,579
KELLOGG CO COM 487836108 10,506 280,624 SH 280,624 280,624
KIMBERLY CLARK MEX-SPON SPONSORED ADR 494386204 271 14,900 SH 14,900 14,900
KIMBERLY-CLARK CORP COM 494368103 13,399 250,745 SH 250,745 250,745
KOREA ELECTRIC PWR SPONSORED ADR 500631106 433 26,940 SH 26,940 26,940
LEHMAN BROS HOLDGS INC COM 524908100 247,204 4,239,292 SH 4,239,292 4,239,292
LILLY ELI & CO COM 532457108 13,485 210,699 SH 210,699 210,699
LSI LOGIC CORP COM 502161102 24,495 433,538 SH 433,538 433,538
LUCENT TECHNOLOGIES INC COM 549463107 225,768 3,480,049 SH 3,480,049 3,480,049
MARRIOTT INTERNATIONAL- COM 571903202 4,626 141,533 SH 141,533 141,533
MARSH & MCLENNAN COS IN COM 571748102 5,266 76,880 SH 76,880 76,880
MBNA CORP COM 55262L100 4,449 194,489 SH 194,489 194,489
MCDONALDS CORP COM 580135101 58,263 1,354,957 SH 1,354,957 1,354,957
MCI WORLDCOM INC COM 55268B106 74,781 1,029,685 SH 1,029,685 1,029,685
MERCK & CO INC COM 589331107 135,297 2,087,521 SH 2,087,521 2,087,521
MERRILL LYNCH & CO INC COM 590188108 8,875 132,090 SH 132,090 132,090
MICROSOFT CORP COM 594918104 366,893 4,051,273 SH 4,051,273 4,051,273
MINENSOTA MNG & MFG CO COM 604059105 16,458 171,327 SH 171,327 171,327
MOBIL CORP COM 607059102 40,362 400,615 SH 400,615 400,615
MOTOROLA INC COM 620076109 52,892 592,213 SH 592,213 592,213
NETWORK APPLIANCE INC COM 64120L104 9,473 131,117 SH 131,117 131,117
NEWMONT MINING CORP COM 651639106 12,986 501,872 SH 501,872 501,872
NEXTEL COMMUNICATIONS I CLA 65332V103 27,386 403,843 SH 403,843 403,843
OMNICOM GROUP COM 681919106 9,870 124,645 SH 124,645 124,645
ORACLE CORP COM 68389X105 74,354 1,634,164 SH 1,634,164 1,634,164
PACCAR INC COM 693718108 7,351 144,500 SH 144,500 144,500
PE CORP-PE BIOSYSTEMS G COM 69332S102 6,193 85,721 SH 85,721 85,721
PEPSICO INC COM 713448108 22,441 728,323 SH 728,323 728,323
PETROLEO BRASILEIRO S.A SPONSORED ADR 71654V101 207 15,070 SH 15,070 15,070
PFIZER INC COM 717081103 41,073 1,142,892 SH 1,142,892 1,142,892
PG&E CORP COM 69331C108 36,215 1,399,631 SH 1,399,631 1,399,631
PHARMACIA & UPJOHN INC COM 716941109 5,498 110,800 SH 110,800 110,800
PHILIP MORRIS COS INC COM 718154107 8,582 249,210 SH 249,210 249,210
PITNEY BOWES INC COM 724479100 16,680 273,730 SH 273,730 273,730
PMC-SIERRA INC COM 69344F10 23,875 252,979 SH 252,979 252,979
POHANG TRON & STL LTD SPONSORED ADR 730450103 906 28,880 SH 28,880 28,880
PRAXAIR INC COM 74005P104 5,111 110,668 SH 110,668 110,668
PROCTER & GAMBLE CO COM 742718109 129,177 1,348,222 SH 1,348,222 1,348,222
QUALCOMM INC COM 747525103 36,857 194,817 SH 194,817 194,817
QWEST COMMUNICATIONS IN COM 749121109 19,684 665,855 SH 665,855 665,855
RAMBUS INC DEL COM 750917106 6,874 103,757 SH 103,757 103,757
RAYTHEON CO CLB 755111408 2,263 45,605 SH 45,605 45,605
RE MICRODEVICES INC COM 749941100 18,195 382,049 SH 382,049 382,049
ROC TAIWAN FD COM 749651105 3,653 495,260 SH 495,260 495,260
ROHM & HAAS CO COM 775371107 4,101 113,532 SH 113,532 113,532
SANDISK CORP COM 80004C101 2,541 35,848 SH 35,848 35,848
SARA LEE CORP COM 803111103 70,002 2,986,731 SH 2,986,731 2,986,731
SBC COMMUNICATIONS INC COM 78387G103 51,238 1,003,436 SH 1,003,436 1,003,436
SCHERING PLOUGH CORP COM 806605101 118,505 2,716,444 SH 2,716,444 2,716,444
SCHLUMBERGER LTD COM 806857108 19,067 305,985 SH 305,985 305,985
SCIENTIFIC ATLANTA INC COM 808655104 7,695 155,268 SH 155,268 155,268
SK TELECOM LTD SPONSORED ADR 78440P108 435 43,260 SH 43,260 43,260
SOUTHERN AFRICA FD INC COM 842157109 2,059 179,000 SH 179,000 179,000
SOUTHERN CO COM 842587107 9,837 382,013 SH 382,013 382,013
SPRINT CORP COM 852061100 3,060 55,327 SH 55,327 55,327
SPRINT CORP (PCS GROUP) COM 85590A203 28,821 373,384 SH 373,384 373,384
STARWOOD HOTELS & RESOR COM 85590A203 3,772 168,565 SH 168,565 168,565
SUN MICROSYSTEMS INC COM 866810104 110,660 1,189,896 SH 1,189,896 1,189,896
TANDY CORP COM 875382103 10,636 205,773 SH 205,773 205,773
TELEBRAS-SPONS ADR PFD SPONSORED ADR 879287308 837 10,840 SH 10,840 10,840
TELEFONOS DE MEXICO S A COM 879403780 1,547 21,510 SH 21,510 21,510
TELLABS INC COM 879664100 21,053 369,755 SH 369,755 369,755
TEXACO INC COM 881694103 23,356 370,000 SH 370,000 370,000
TEXAS INSTRS COM 882508104 84,342 1,001,840 SH 1,001,840 1,001,840
TEXAS UTILS CO COM 882848104 5,408 144,927 SH 144,927 144,927
TIME WARNER INC COM 887315109 19,085 313,508 SH 313,508 313,508
TYCO INTL LTD NEW COM 902124104 124,903 1,209,718 SH 1,209,718 1,209,718
UAL CORP COM PAR $0.10 902549500 2,389 36,507 SH 36,507 36,507
UNIONBANCAL CORP COM 908906100 93,160 2,569,944 SH 2,569,944 2,569,944
UNITED TECHNOLOGIES COR COM 913017109 13,341 224,932 SH 224,932 224,932
VERISIGN INC COM 92343E102 13,004 122,105 SH 122,105 122,105
VIACOM INC CLB 925524308 5,369 127,077 SH 127,077 127,077
WAL MART STORES INC COM 931142103 192,941 4,056,572 SH 4,056,572 4,056,572
WARNER LAMBERT CO COM 934488107 34,845 524,967 SH 524,967 524,967
WEYERHAEUSER CO COM 962166104 34,097 591,697 SH 591,697 591,697
XEROX CORP COM 984121103 2,586 61,673 SH 61,673 61,673
YAHOO INC COM 984332106 37,155 206,992 SH 206,992 206,992
Grand Total: 7,146,438
</TABLE>
