UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 August 12, 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: 141
Form 13F Information Table Value Total: 6,942,818
(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 2824100 137,762 3,027,744 SH 3,027,744 3,027,744
ABERCROMBRIE & FITCH CO CL A 2896207 7,000 145,837 SH 145,837 145,837
AIRTOUCH COMMUNICATIONS COM 00949T100 59,593 556,299 SH 556,299 556,299
ALCOA INC COM 13817101 38,768 626,564 SH 626,564 626,564
ALLSTATE CORP COM 20002101 5,653 157,579 SH 157,579 157,579
AMERICA ONLINE INC DELL COM 02364J104 82,350 745,254 SH 745,254 745,254
AMERICAN EXPRESS CO COM 25816109 384,594 2,955,581 SH 2,955,581 2,955,581
AMERICAN INTL GROUP INC COM 26874107 95,186 813,126 SH 813,126 813,126
AMERITECH CORP NEW COM 30954101 22,812 310,376 SH 310,376 310,376
AMGEN INC COM 31162100 13,674 224,630 SH 224,630 224,630
AMR CORP COM 1765106 9,919 145,334 SH 145,334 145,334
ANHEUSER BUSCH COS INC COM 35229103 28,923 407,729 SH 407,729 407,729
APPLIED MATLS COM 38222105 32,055 433,922 SH 433,922 433,922
ARGENTINA FD INC COM 40112104 326 29,680 SH 29,680 29,680
AT & T CORP COM 1957109 174,322 3,123,360 SH 3,123,360 3,123,360
AT HOME CORP COM SER A 45919107 6,851 127,026 SH 127,026 127,026
AUTOMATIC DATA PROCESSI COM 53015103 5,570 126,604 SH 126,604 126,604
AVERY DENNISON CORP COM 53611109 5,765 95,500 SH 95,500 95,500
BANK NEW YORK INC COM 64057102 9,225 251,467 SH 251,467 251,467
BANK ONE CORP COM 06423A103 5,708 95,836 SH 95,836 95,836
BANKAMERICA CORP COM 06605F102 25,034 341,472 SH 341,472 341,472
BECTON DICKINSON & CO COM 75887109 4,477 149,253 SH 149,253 149,253
BED BATH & BEYOND INC COM 75896100 5,958 154,756 SH 154,756 154,756
BELL ATLANTIC CORP COM 77853109 61,400 939,212 SH 939,212 939,212
BEST BUY INC COM 86516101 2,968 43,976 SH 43,976 43,976
BOEING CO COM 97023105 4,365 98,788 SH 98,788 98,788
BRISTOL MYERS SQUIBB CO COM 110122108 139,747 1,983,998 SH 1,983,998 1,983,998
CATERPILLAR INC DELL COM 149123101 32,179 536,321 SH 536,321 536,321
CBS CORP COM 12490K107 32,127 739,621 SH 739,621 739,621
CHASE MANHATTAN CORP NE COM 16161A108 31,217 360,371 SH 360,371 360,371
CHEVRON CORPORATION COM 166751107 25,846 271,528 SH 271,528 271,528
CHILE FD INC COM 168834109 783 67,780 SH 67,780 67,780
CIRCUIT CITY STORE INC COM CITY GRP 172737108 3,008 32,348 SH 32,348 32,348
CISCO SYS INC COM 17275R102 403,477 6,261,528 SH 6,261,528 6,261,528
CITIGROUP INC COM 172967109 152,620 3,213,061 SH 3,213,061 3,213,061
CNET INC COM 125945105 2,731 47,401 SH 47,401 47,401
COCA COLA CO COM 191216100 25,596 409,546 SH 409,546 409,546
COMCAST CORP CL A SPL 200300200 6,819 177,425 SH 177,425 177,425
COMPAQ COMPUTER CORP COM 204493100 7,636 322,400 SH 322,400 322,400
COMVERSE TECHNOLOGY INC COM PAR$0.01 205862402 2,997 39,705 SH 39,705 39,705
CONSOLIDATED EDISON INC COM 209115104 36,919 815,892 SH 815,892 815,892
CORNING INC COM 219350105 30,655 437,160 SH 437,160 437,160
DAYTON HUDSON CORP COM 239753106 6,000 92,323 SH 92,323 92,323
DELL COMPUTER CORP COM 247025109 75,591 2,043,000 SH 2,043,000 2,043,000
DISNEY WALT CO COM 254687106 59,844 1,942,225 SH 1,942,225 1,942,225
DOW CHEM CO COM 260543103 7,596 59,872 SH 59,872 59,872
DU PONT E I DE NEMOURS COM 263534109 144,255 2,111,694 SH 2,111,694 2,111,694
DUKE ENERGY CORP COM 264399106 43,447 799,026 SH 799,026 799,026
ECOLAB INC COM 278865100 21,289 488,000 SH 488,000 488,000
ELECTRONIC DATA SYS NEW COM 285661104 8,303 146,807 SH 146,807 146,807
EMC CORP MASS COM 268648102 50,751 922,753 SH 922,753 922,753
EMERSON ELEC CO COM 291011104 2,658 42,280 SH 42,280 42,280
ENERSIS S A SPONSORED ADR 29274F104 349 15,280 SH 15,280 15,280
ENRON CORP COM 293561106 28,192 344,862 SH 344,862 344,862
EQUITABLE COS INC COM 29444G107 11,608 173,263 SH 173,263 173,263
EXXON CORP COM 302290101 75,988 985,268 SH 985,268 985,268
FEDERAL MOGUL CORP COM 313549107 19,130 367,887 SH 367,887 367,887
FEDERATED DEPT STORES I COM 31410H101 2,626 49,606 SH 49,606 49,606
FIRST DATA CORP COM 319963104 2,982 60,941 SH 60,941 60,941
FIRST PHILIPPINE FD INC COM 336100102 1,130 131,110 SH 131,110 131,110
FPL GROUP INC COM 302571104 33,709 617,112 SH 617,112 617,112
GANNETT INC COM 364730101 2,340 32,788 SH 32,788 32,788
GAP INC DEL COM 364760108 19,268 382,500 SH 382,500 382,500
GENERAL ELEC CO COM 369604103 308,096 2,726,521 SH 2,726,521 2,726,521
GENERAL INSTR CORP DEL COM 370120107 27,673 651,140 SH 651,140 651,140
GENERAL MTRS CORP COM 370442105 7,417 112,380 SH 112,380 112,380
GENERAL MTRS CORP CL H NEW 370442832 4,970 88,366 SH 88,366 88,366
GEORGIA PAC CORP COM GA PAC GRP 373298108 12,090 255,213 SH 255,213 255,213
HEINZ H J CO COM 423074103 4,622 92,217 SH 92,217 92,217
HEWLETT PACKARD CO COM 428236103 69,568 692,220 SH 692,220 692,220
HOME DEPOT INC COM 437076102 164,727 2,556,389 SH 2,556,389 2,556,389
HONEYWELL INC COM 438506107 23,760 205,057 SH 205,057 205,057
ILLINOIS TOOL WKS INC COM 452308109 9,115 111,163 SH 111,163 111,163
INCO LTD COM 453258402 6,219 345,544 SH 345,544 345,544
INDIA FD INC COM 454089103 1,743 175,480 SH 175,480 175,480
INGERSOLL RAND CO COM 456866102 12,562 194,394 SH 194,394 194,394
INTEL CORP COM 458140100 112,588 1,892,249 SH 1,892,249 1,892,249
INTL BUSINESS MACHINES COM 459200101 238,214 1,843,056 SH 1,843,056 1,843,056
INTL PAPER CO COM 460146103 18,489 366,123 SH 366,123 366,123
JOHNSON & JOHNSON COM 478160104 191,973 1,958,918 SH 1,958,918 1,958,918
LEHMAN BROS HOLDGS INC COM 524908100 263,895 4,239,292 SH 4,239,292 4,239,292
LEXMARK INTL GROUP INC COM 529771107 1,938 29,349 SH 29,349 29,349
LILLY ELI & CO COM 532457108 22,271 310,944 SH 310,944 310,944
LUCENT TECHNOLOGIES INC COM 549463107 256,979 3,810,634 SH 3,810,634 3,810,634
MARSH & MCLENNAN COS IN COM 571748102 11,482 152,088 SH 152,088 152,088
MASCO CORP COM 574599106 2,673 92,580 SH 92,580 92,580
MBNA CORP COM 55262L100 12,214 398,840 SH 398,840 398,840
MCDONALDS CORP COM 580135101 54,189 1,311,702 SH 1,311,702 1,311,702
MCI WORLDCOM INC COM 55268B106 129,404 1,503,610 SH 1,503,610 1,503,610
MERCK & CO INC COM 589331107 147,687 1,995,771 SH 1,995,771 1,995,771
MERRILL LYNCH & CO INC COM 590188108 20,708 259,063 SH 259,063 259,063
MICROSOFT CORP COM 594918104 332,971 3,691,997 SH 3,691,997 3,691,997
MINNESOTA MNG & MFG CO COM 604059105 22,392 257,569 SH 257,569 257,569
MOBIL CORP COM 607059102 43,309 437,465 SH 437,465 437,465
MORGAN STANLEY AFRICA I COM 617444104 1,898 187,540 SH 187,540 187,540
MOTOROLA INC COM 620076109 67,084 708,021 SH 708,021 708,021
NETWORK APPLIANCE INC COM 64120L104 3,220 57,637 SH 57,637 57,637
NEWMONT MINING CORP COM 651639106 3,938 198,158 SH 198,158 198,158
ORACLE CORP COM 68389X105 50,452 1,358,990 SH 1,358,990 1,358,990
PARKER HANNIFIN CORP COM 701094104 2,509 54,847 SH 54,847 54,847
PEPSICO INC COM 713448108 58,605 1,514,835 SH 1,514,835 1,514,835
PFIZER INC COM 717081103 11,796 107,481 SH 107,481 107,481
PG&E CORP COM 69331C108 43,236 1,330,343 SH 1,330,343 1,330,343
PHARMACIA & UPJOHN INC COM 716941109 5,990 105,441 SH 105,441 105,441
PHILIP MORRIS COS INC COM 718154107 47,167 1,173,682 SH 1,173,682 1,173,682
PITNEY BOWES INC COM 724479100 13,953 217,178 SH 217,178 217,178
PRAXAIR INC COM 74005P104 5,245 107,178 SH 107,178 107,178
PROCTER & GAMBLE CO COM 742718109 135,640 1,519,787 SH 1,519,787 1,519,787
QUALCOMM INC COM 747525103 86,480 602,649 SH 602,649 602,649
QWEST COMMUNICATIONS IN COM 749121109 12,556 379,794 SH 379,794 379,794
RAYTHEON CO CL B 755111408 10,910 155,038 SH 155,038 155,038
ROC TAIWAN FD COM 749651105 3,248 402,910 SH 402,910 402,910
ROHM & HAAS CO COM 775371107 8,597 200,534 SH 200,534 200,534
SARA LEE CORP COM 803111103 67,724 2,985,085 SH 2,985,085 2,985,085
SBC COMMUNICATIONS INC COM 78387G103 40,656 700,968 SH 700,968 700,968
SCHERING PLOUGH CORP COM 806605101 143,971 2,716,444 SH 2,716,444 2,716,444
SCHLUMBERGER LTD COM 806857108 15,766 247,563 SH 247,563 247,563
SCIENTIFIC ATLANTIC INC COM 808655104 2,906 80,730 SH 80,730 80,730
SOUTHERN AFRICA FD INC COM 842157109 2,080 179,000 SH 179,000 179,000
SOUTHERN CO COM 842587107 2,719 102,619 SH 102,619 102,619
SPRINT CORP COM 852061100 2,899 54,911 SH 54,911 54,911
STARWOOD HOTELS & RESOR COMBND CTF NEW 855905204 8,093 264,823 SH 264,823 264,823
SUN MICROSYSTEMS INC COM 866810104 41,102 596,774 SH 596,774 596,774
TANDY CORP COM 875382103 30,857 631,350 SH 631,350 631,350
TELEFONOS DE MEXICO S A COM 879403780 2,059 25,490 SH 25,490 25,490
TELLABS INC COM 879664100 2,701 39,991 SH 39,991 39,991
TEXACO INC COM 881694103 19,527 312,432 SH 312,432 312,432
TEXAS INSTRS COM 882508104 73,012 503,533 SH 503,533 503,533
TEXAS UTILS CO COM 882848104 3,772 91,448 SH 91,448 91,448
TIME WARNER INC COM 887315109 65,415 890,011 SH 890,011 890,011
TYCO INTL LTD NEW COM 902124104 104,331 1,101,123 SH 1,101,123 1,101,123
UAL CORP COM PAR$0.01 902549500 2,285 35,160 SH 35,160 35,160
UNIONBANCAL CORP COM 908906100 99,341 2,749,944 SH 2,749,944 2,749,944
VIACOM INC CL B 925524308 8,758 199,059 SH 199,059 199,059
WAL MART STORES INC COM 931142103 236,126 4,893,814 SH 4,893,814 4,893,814
WARNER LAMBERT CO COM 934488107 23,823 343,398 SH 343,398 343,398
WASTE MGMT INC LYON CV ZER001 941063AA7 14,105 262,433 SH 262,433 262,433
WEYERHAEUSER CO COM 962166104 10,804 157,150 SH 157,150 157,150
XEROX CORP COM 984121103 8,153 138,050 SH 138,050 138,050
YAHOO INC COM 984332106 19,310 112,106 SH 112,106 112,106
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 390 10,280 SH 10,280 10,280
Grand Total: 6,942,818
</TABLE>
