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Hikari Power LTD

CIK:0001606152
Asset Manager
$1M AUM
63 holdings
Tokyo, Japan
Founded:1988
Latest filing:Sep 30, 2025

HIKARI POWER LTD is an investment management firm based in Tokyo, Japan. It is the largest shareholder of HIKARI TSUSHIN, INC., a Tokyo Stock Exchange-listed holding company founded in 1988. HIKARI TSUSHIN operates across a diverse range of sectors including electricity and gas, telecommunications, beverage, insurance, finance, and solution-based commission sales. HIKARI POWER LTD manages a concentrated equity portfolio, primarily comprising major global public companies. The firm serves as the asset management arm or investment vehicle associated with the HIKARI TSUSHIN corporate group.

Investment Strategy

HIKARI POWER LTD maintains a concentrated, diversified equity investment strategy, holding positions in prominent global companies such as Berkshire Hathaway, Linde, Johnson & Johnson, and Visa. The investment approach focuses on long-term value creation through a blend of organic growth and M&A at the corporate group level. The parent company's guiding philosophy emphasizes maximizing ROI, pursuing IRR targets above 30%, and seeking recurring, asset-light business models across multiple sectors. Portfolio allocations are adjusted based on changes in share prices and strategic outlooks, with risk management oriented toward consistent growth and downside limitation.

Latest 13F Filing Activity

Hikari Power LTD filed their most recent 13F report on Sep 30, 2025 disclosing 62 equity positions with a total 13F market value of $1B. The fund increased holdings in Berkshire Hathaway Inc. Class A, Johnson & Johnson, Alphabet Inc. Class C among other positions. Hikari Power LTD reduced exposure to Roper Technologies Inc., Intuitive Surgical Inc., Waters Corporation among others.

Top Buys
B
BRK-ABERKSHIRE HATHAWAY INC CLASS A
+$19.9M
J
JNJJOHNSON & JOHNSON
+$11.1M
G
GOOGALPHABET INC CLASS C
+$9.3M
B
BKBANK OF NEW YORK MELLON CORP
+$3.7M
P
PSXPHILLIPS 66
+$3.2M
Top Sells
R
ROPROPER TECHNOLOGIES INC
-$5.1M
I
ISRGINTUITIVE SURGICAL INC
-$4.1M
W
WATWATERS CORPORATION
-$2.3M
V
VVISA INC CLASS A
-$2.1M
N
NVONOVO NORDISK A/S
-$1.8M

Top Holdings

B
BRK-ABERKSHIRE HATHAWAY INC CLASS A
+47.5%$590.5M
L
LINLINDE PUBLIC LIMITED COMPANY
+6.0%$74.6M
J
JNJJOHNSON & JOHNSON
+5.1%$62.9M
V
VVISA INC CLASS A
+4.2%$52.5M
R
ROPROPER TECHNOLOGIES INC
+3.0%$37.1M

Equity Positions (62)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
B
BRK-A
BERKSHIRE HATHAWAY INC CLASS A47.54%$590.5M783$202377.87$754200.00+$19.9M
L
LIN
LINDE PUBLIC LIMITED COMPANY6.01%$74.6M157,080$355.44$475.00+$914.0K
J
JNJ
JOHNSON & JOHNSON5.07%$62.9M339,440$115.33$185.42+$11.1M
V
V
VISA INC CLASS A4.22%$52.5M153,680$53.97$341.38-$2.1M
R
ROP
ROPER TECHNOLOGIES INC2.99%$37.1M74,390$191.69$498.69-$5.1M

Industry Allocation

FIRE, MARINE & CASUALTY INSURANCE
+47.8%
PHARMACEUTICAL PREPARATIONS
+7.0%
INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL
+6.2%
INDUSTRIAL INORGANIC CHEMICALS
+6.0%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.6%