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, 2000
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 May 1, 2000
[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: 184
Form 13F Information Table Value Total: 9,899,652
(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 63,575 1,806,744 SH 1,806,744 1,806,744
ADBE SYS INC COM 00724F101 20,704 186,000 SH 186,000 186,000
AES CORP COM 00130H105 18,900 240,000 SH 240,000 240,000
AFFYMETRIX INC COM 00826T108 8,418 56,710 SH 56,710 56,710
AGILENT TECHNOLOGIES IN COM 00846U101 7,618 72,550 SH 72,550 72,550
AKAMAI TECHNOLOGIES COM 00971T101 19,061 118,530 SH 118,530 118,530
ALCOA INC COM 013817101 46,155 642,163 SH 642,163 642,163
ALTEON WEBSYSTEMS INC COM 02145A109 6,778 80,090 SH 80,090 80,090
AMAZON.COM INC COM 023135106 7,077 105,625 SH 105,625 105,625
AMERICA ONLINE INC DELL COM 02364J104 82,112 1,221,002 SH 1,221,002 1,221,002
AMERICAN EXPRESS CO COM 025816109 456,285 3,062,315 SH 3,062,315 3,062,315
AMERICAN INTL GROUP INC COM 026874107 114,016 1,041,240 SH 1,041,240 1,041,240
AMGEN INC COM 031162100 79,206 1,290,526 SH 1,290,526 1,290,526
ANALOG DEVICES INC COM 032654105 4,806 59,650 SH 59,650 59,650
ANHEUSER BUSCH COS INC COM 035229103 16,247 252,630 SH 252,630 252,630
APPLIED MATLS COM 038222105 53,029 562,637 SH 562,637 562,637
APPLIED MICRO CIRCUITS COM 03822W109 28,100 187,254 SH 187,254 187,254
ARGENTINA FD INC COM 40112104 427 35,930 SH 35,930 35,930
ARIBA INC COM 04033V104 13,994 63,610 SH 63,610 63,610
AT & T CORP COM 001957109 164,685 2,848,597 SH 2,848,597 2,848,597
AT&T CORP-LIBERTY MEDIA COM 001957208 80,218 1,353,882 SH 1,353,882 1,353,882
AVERY DENNISON CORP COM 053611109 30,134 493,500 SH 493,500 493,500
AVON PROS INC COM 054303102 16,188 557,000 SH 557,000 557,000
AXA FINANCIAL INC COM 002451102 35,513 974,622 SH 974,622 974,622
BALLARD PWR SYS INC COM 05858H104 26,692 315,882 SH 315,882 315,882
BELL ATLANTIC CORP COM 077853109 64,150 1,047,349 SH 1,047,349 1,047,349
BESTFOODS COM 08658U101 5,222 111,250 SH 111,250 111,250
BIOGEN INC COM 090597105 20,135 285,351 SH 285,351 285,351
BRISTOL MYERS SQUIBB CO COM 110122108 147,363 2,551,745 SH 2,551,745 2,551,745
BROADCOM CORP-CL A COM 111320107 63,454 261,260 SH 261,260 261,260
BROADVISION INC COM 111412102 8,786 172,270 SH 172,270 172,270
BROCADE COMMUNICATIONS COM 111621108 55,598 310,060 SH 310,060 310,060
CACHEFLOW INC COM 126946102 8,671 73,170 SH 73,170 73,170
CALIPER TECHNOLOGIES CO COM 130876105 3,115 38,520 SH 38,520 38,520
CATERPILLAR INC DELL COM 149123101 13,673 346,700 SH 346,700 346,700
CBS CORP COM 12490K107 41,852 727,853 SH 727,853 727,853
CHASE MANHATTAN CORP NE COM 16161A108 27,442 314,750 SH 314,750 314,750
CHILE FD INC COM 168834109 1,021 97,280 SH 97,280 97,280
CHINA.COM CORP -CL A COM G2108N109 4,123 50,900 SH 50,900 50,900
CIA VALE DO RIO DOCE-SP SPONSORED ADR 204412100 307 21,260 SH 21,260 21,260
CIENA CORP COM 171779101 24,264 187,730 SH 187,730 187,730
CISCO SYS INC COM 17275R102 772,325 9,989,646 SH 9,989,646 9,989,646
CITIGROUP INC COM 172967109 269,162 4,523,733 SH 4,523,733 4,523,733
CLEAR CHANNEL COMMUNICA COM 184502102 11,335 164,120 SH 164,120 164,120
CMG INFORMATION SVCS IN COM 125750109 20,812 183,670 SH 183,670 183,670
COCA COLA CO COM 191216100 44,503 916,403 SH 916,403 916,403
COMMERCE ONE INC DEL COM 200693109 3,605 20,800 SH 20,800 20,800
COMPANHIA CERVEJARIA BR SPONSD ADR PFD 20440X10 274 17,820 SH 17,820 17,820
COLUMN TOTAL: 3,011,130
<PAGE>
COMPAQ COMPUTER CORP COM 204493100 9,082 341,090 SH 341,090 341,090
CONEXANT SYSTEMS INC COM 207142100 23,765 333,540 SH 333,540 333,540
CONSOLIDATED EDISON INC COM 209115104 9,229 316,870 SH 316,870 316,870
CORNING INC COM 219350105 51,638 266,175 SH 266,175 266,175
CRITICAL PATH INC COM 22674V100 3,872 45,550 SH 45,550 45,550
DELL COMPUTER CORP COM 247025109 65,380 1,212,148 SH 1,212,148 1,212,148
DISNEY WALT CO COM 254687106 117,037 2,828,692 SH 2,828,692 2,828,692
DOUBLECLICK INC COM 258609304 5,929 61,480 SH 61,480 61,480
DU PONT E I DE NEMOURS COM 263534109 99,294 1,847,328 SH 1,847,328 1,847,328
DUKE ENERGY CORP COM 264399106 37,897 721,851 SH 721,851 721,851
EBAY INC COM 278642103 6,473 31,254 SH 31,254 31,254
ECHOSTAR COMMUNICATIONS CLA 278762109 21,042 266,354 SH 266,354 266,354
ECOLAB INC COM 278865100 17,904 488,000 SH 488,000 488,000
EMC CORP MASS COM 268648102 187,728 1,449,638 SH 1,449,638 1,449,638
ENERSIS S A SPONSORED ADR 29274F104 329 16,420 SH 16,420 16,420
ENRON CORP COM 293561106 147,989 1,976,480 SH 1,976,480 1,976,480
EXODUS COMMUNICATIONS I COM 302088109 35,315 245,240 SH 245,240 245,240
EXXON MOBIL CORPORATION COM 30231G102 125,494 1,596,109 SH 1,596,109 1,596,109
F5 NETWORKS INC COM 315616102 6,420 90,340 SH 90,340 90,340
FDX CORP COM 31304N107 16,107 413,000 SH 413,000 413,000
FIRST PHILIPPINE FD INC COM 336100102 627 125,410 SH 125,410 125,410
FOX ENTMT GROUP INC CL A 35138T107 34,310 1,146,040 SH 1,146,040 1,146,040
GANNETT INC COM 364730101 13,591 193,119 SH 193,119 193,119
GAP INC DEL COM 364760108 19,053 382,500 SH 382,500 382,500
GEMSTAR INTL GROUP LTD ORD G3788V106 23,775 276,450 SH 276,450 276,450
GENENTECH INC COM 368710406 9,777 64,322 SH 64,322 64,322
GENERAL ELEC CO COM 369604103 540,048 3,401,875 SH 3,401,875 3,401,875
GENERAL MTRS CORP COM 370442105 18,303 221,019 SH 221,019 221,019
GENERAL MTRS CORP CL H NEW 370442832 27,637 221,986 SH 221,986 221,986
GENZYME CORP COM GENL DIV 372917104 14,312 285,535 SH 285,535 285,535
GLOBAL CROSSING LTD COM G3921A100 14,043 324,220 SH 324,220 324,220
GRUPO TELEVISA SA DE CV SPN ADR REPORD 40049J206 1,232 17,860 SH 17,860 17,860
HEWLETT PACKARD CO COM 428236103 44,338 334,468 SH 334,468 334,468
HOME DEPOT INC COM 437076102 186,179 2,778,787 SH 2,778,787 2,778,787
HUMAN GENOME SCIENCES I COM 444903108 10,297 122,580 SH 122,580 122,580
I2 TECHNOLOGIES INC COM 465754109 3,145 24,380 SH 24,380 24,380
ICICI LTD SPONSORED ADR 44926P202 421 17,720 SH 17,720 17,720
INCYTE PHARMACEUTICALS COM 45337C102 9,487 108,500 SH 108,500 108,500
INDIA FD INC COM 454089103 2,060 118,120 SH 118,120 118,120
INKTOMI CORP COM 457277101 33,271 170,620 SH 170,620 170,620
INTEL CORP COM 458140100 300,595 2,278,313 SH 2,278,313 2,278,313
INTERNET CAPITAL GROUP COM 46059C1062 8,527 91,300 SH 91,300 91,300
INTL BUSINESS MACHINES COM 459200101 170,111 1,388,665 SH 1,388,665 1,388,665
INTL PAPER CO COM 460146103 10,662 249,407 SH 249,407 249,407
JDS UNIPHASE CORP COM 46612J101 40,825 338,622 SH 338,622 338,622
JOHNSON & JOHNSON COM 478160104 154,301 2,190,608 SH 2,190,608 2,190,608
JUNIPER NETWORKS INC COM 48203R104 32,374 121,250 SH 121,250 121,250
KANSAS CITY SOUTHN INDS COM 485170104 12,465 142,050 SH 142,050 142,050
COLUMN TOTAL: 2,723,690
<PAGE>
KELLOGG CO COM 487836108 4,612 177,400 SH 177,400 177,400
KIMBERLY-CLARK CORP COM 494368103 9,133 160,585 SH 160,585 160,585
KOREA ELECTRIC PWR SPONSORED ADR 500631106 446 28,910 SH 28,910 28,910
KOREA FD COM 50063410 483 32,480 SH 32,480 32,480
KOREA THRUNET CO LTD-CL COM 703291000 1,028 25,780 SH 25,780 25,780
LEGATO SYSTEMS INC COM 524651106 5,062 117,730 SH 117,730 117,730
LEHMAN BROS HOLDGS INC COM 524908100 411,342 4,240,639 SH 4,240,639 4,240,639
LEVEL 3 COMMUNICATIONS COM 52729N100 17,781 168,140 SH 168,140 168,140
LIBERATE TECHNOLOGIES COM 530129105 3,944 54,780 SH 54,780 54,780
LIBERTY DIGITAL INC CL COM 530436104 7,211 187,300 SH 187,300 187,300
LILLY ELI & CO COM 532457108 75,042 1,191,136 SH 1,191,136 1,191,136
LSI LOGIC CORP COM 502161102 27,003 371,818 SH 371,818 371,818
LUCENT TECHNOLOGIES INC COM 549463107 235,543 3,857,413 SH 3,857,413 3,857,413
MCDONALDS CORP COM 580135101 65,074 1,729,537 SH 1,729,537 1,729,537
MCI WORLDCOM INC COM 55268B106 84,193 1,858,061 SH 1,858,061 1,858,061
MERCK & CO INC COM 589331107 166,556 2,602,435 SH 2,602,435 2,602,435
MERRILL LYNCH & CO INC COM 590188108 17,636 167,960 SH 167,960 167,960
MICROCHIP TECHNOLOGY IN COM 595017104 8,417 128,010 SH 128,010 128,010
MICROSOFT CORP COM 594918104 352,479 3,317,453 SH 3,317,453 3,317,453
MILLENNIUM PHARMACEUTIC COM 599902103 9,398 72,360 SH 72,360 72,360
MINENSOTA MNG & MFG CO COM 604059105 34,345 384,820 SH 384,820 384,820
MORGAN STANLEY AFRICA I COM 617444104 1,566 171,570 SH 171,570 171,570
MORGAN STANLEY D WITTER COM 61745C105 436 32,440 SH 32,440 32,440
MORGAN STANLEY DEAN WIT COM NEW 617446448 19,425 234,570 SH 234,570 234,570
MOTOROLA INC COM 620076109 63,461 441,275 SH 441,275 441,275
NETWORK APPLIANCE INC COM 64120L104 7,697 93,020 SH 93,020 93,020
NEXTEL COMMUNICATIONS I CLA 65332V103 13,605 91,773 SH 91,773 91,773
NORTEL NETWORKS CORP COM 656569100 52,195 414,244 SH 414,244 414,244
OMNICOM GROUP COM 681919106 17,338 183,227 SH 183,227 183,227
OPENTV CORPORATION COM G67543101 9,108 76,940 SH 76,940 76,940
ORACLE CORP COM 68389X105 357,955 4,563,566 SH 4,563,566 4,563,566
PE CORP-CELERA GENOMICS COM 69332S201 26,753 292,182 SH 292,182 292,182
PE CORP-PE BIOSYSTEMS G COM 69332S102 42,908 444,644 SH 444,644 444,644
PEPSICO INC COM 713448108 37,827 1,094,455 SH 1,094,455 1,094,455
PETROLEO BRASILEIRO S.A SPONSORED ADR 71654V101 336 24,400 SH 24,400 24,400
PFIZER INC COM 717081103 132,231 3,616,575 SH 3,616,575 3,616,575
PHARMACIA & UPJOHN INC COM 716941109 24,894 416,639 SH 416,639 416,639
PHONE.COM INC COM 71920Q100 8,218 50,380 SH 50,380 50,380
PMC-SIERRA INC COM 69344F10 45,230 222,054 SH 222,054 222,054
POHANG TRON & STL LTD SPONSORED ADR 730450103 809 30,470 SH 30,470 30,470
PORTAL SOFTWARE INC COM 736126103 3,270 59,460 SH 59,460 59,460
PROCTER & GAMBLE CO COM 742718109 81,657 1,404,852 SH 1,404,852 1,404,852
QUALCOMM INC COM 747525103 28,264 189,294 SH 189,294 189,294
QWEST COMMUNICATIONS IN COM 749121109 18,127 373,753 SH 373,753 373,753
RAMBUS INC DEL COM 750917106 3,977 13,420 SH 13,420 13,420
RE MICRODEVICES INC COM 749941100 14,142 105,241 SH 105,241 105,241
REALNETWORKS INC COM 75605L104 14,732 248,900 SH 248,900 248,900
ROC TAIWAN FD COM 749651105 1,441 144,100 SH 144,100 144,100
COLUMN TOTAL: 2,564,330
<PAGE>
SANDISK CORP COM 80004C101 24,078 196,556 SH 196,556 196,556
SARA LEE CORP COM 803111103 20,771 1,130,396 SH 1,130,396 1,130,396
SBC COMMUNICATIONS INC COM 78387G103 75,528 1,798,283 SH 1,798,283 1,798,283
SCHERING PLOUGH CORP COM 806605101 112,537 3,021,134 SH 3,021,134 3,021,134
SCHLUMBERGER LTD COM 806857108 32,912 423,305 SH 423,305 423,305
SCIENTIFIC ATLANTA INC COM 808655104 11,990 189,016 SH 189,016 189,016
SDL INC COM 784076101 36,804 172,890 SH 172,890 172,890
SEAGRAM LTD COM 811850106 16,876 277,230 SH 277,230 277,230
SIEBEL SYS INC COM 826170102 3,795 31,770 SH 31,770 31,770
SK TELECOM LTD SPONSORED ADR 78440P108 1,597 39,920 SH 39,920 39,920
SOLECTRON CORP COM 834182107 72,253 1,803,506 SH 1,803,506 1,803,506
SOUTHERN AFRICA FD INC COM 842157109 2,839 182,400 SH 182,400 182,400
SOUTHERN CO COM 842587107 9,172 421,680 SH 421,680 421,680
SPRINT CORP (PCS GROUP) COM 85590A203 15,977 244,620 SH 244,620 244,620
SUN MICROSYSTEMS INC COM 866810104 163,445 1,744,288 SH 1,744,288 1,744,288
SYCAMORE NETWORKS INC COM 871206108 23,370 180,460 SH 180,460 180,460
TAIWAN FD INC COM 874036106 1,078 44,680 SH 44,680 44,680
TAIWAN SEMICONDUCTOR MF SPONSORED ADR 874039100 2,198 39,510 SH 39,510 39,510
TANDY CORP COM 875382103 14,115 273,744 SH 273,744 273,744
TELEBRAS-SPONS ADR PFD SPONSORED ADR 879287308 2,790 18,750 SH 18,750 18,750
TELEFONICA DE ARGENTINA SPNSR ADR CL B 879378206 623 15,978 SH 15,978 15,978
TELEFONOS DE MEXICO S A COM 879403780 4,040 58,930 SH 58,930 58,930
TERAYON COMMUNICATION S COM 880775101 24,447 115,450 SH 115,450 115,450
TEXACO INC COM 881694103 36,948 689,000 SH 689,000 689,000
TEXAS INSTRS COM 882508104 171,917 1,053,896 SH 1,053,896 1,053,896
TIME WARNER INC COM 887315109 65,404 654,041 SH 654,041 654,041
TV AZTECA S A DE C V SPONSORED ADR 901145102 740 49,950 SH 49,950 49,950
TYCO INTL LTD NEW COM 902124104 115,793 2,321,666 SH 2,321,666 2,321,666
UNIONBANCAL CORP COM 908906100 70,834 2,569,944 SH 2,569,944 2,569,944
VERISIGN INC COM 92343E102 13,030 85,724 SH 85,724 85,724
VERITAS SOFTWARE CO COM 923436109 39,845 274,320 SH 274,320 274,320
VIACOM INC CLB 925524308 26,539 490,327 SH 490,327 490,327
WAL MART STORES INC COM 931142103 224,411 3,787,522 SH 3,787,522 3,787,522
WARNER LAMBERT CO COM 934488107 48,759 500,094 SH 500,094 500,094
WATERS CORP COM 941848103 4,024 46,660 SH 46,660 46,660
WELLS FARGO & CO NEW COM 949746101 9,017 230,110 SH 230,110 230,110
WEYERHAEUSER CO COM 962166104 21,831 383,000 SH 383,000 383,000
XEROX CORP COM 984121103 11,249 427,510 SH 427,510 427,510
XILINX INC COM 983919101 19,892 240,210 SH 240,210 240,210
YAHOO INC COM 984332106 47,034 274,448 SH 274,448 274,448
COLUMN TOTAL: 1,600,502
GRAND TOTAL: 9,899,652
</TABLE>
