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Fukoku Mutual Life Insurance Co.

CIK:0001033324
Insurance Company
$50B AUM
264 holdings
Tokyo, Japan
Founded:1923
7,800 employees
Latest filing:Jun 30, 2025

Fukoku Mutual Life Insurance Company is a mutual life insurance company headquartered in Tokyo, Japan. Founded in 1923, it is one of Japan's established life insurers, providing a broad range of life insurance and savings products to individuals and corporate clients. The company operates under a mutual structure, emphasizing policyholder interests and long-term stability. As of 2024, Fukoku employs approximately 7,800 people and serves millions of customers nationwide.

Investment Strategy

Fukoku Mutual Life Insurance Company focuses on maintaining financial soundness, protecting policyholder interests, and ensuring long-term contract reliability. The firm's investment approach prioritizes stable returns through diversified asset allocation across public equity, fixed income, real estate, private equity, private credit, and infrastructure. It also emphasizes prudent risk management and sound capital base reinforcement. In recent years, Fukoku has expanded into venture capital investments through strategic partnerships such as the 'FUKOKU-THE MUTUAL for Next 100 Fund L.P.' to foster growth and innovation, while maintaining the primary goal of maximizing policyholder value and sustainable dividend payments.

Latest 13F Filing Activity

Fukoku Mutual Life Insurance Co. filed their most recent 13F report on Jun 30, 2025 disclosing 264 equity positions with a total 13F market value of $2B. The fund increased holdings in Broadcom Inc., J P Morgan Exchange Traded F, Nvidia Corporation among other positions. Fukoku Mutual Life Insurance Co. reduced exposure to Abbvie Inc., Chevron Corp. New, Merck & Co. Inc. among others.

Top Buys
A
AVGOBROADCOM INC
+$80.5M
J
JEPIJ P MORGAN EXCHANGE TRADED F
+$23.6M
N
NVDANVIDIA CORPORATION
+$18.9M
M
MSFTMICROSOFT CORP
+$18.0M
I
IDVISHARES TR
+$14.7M
Top Sells
A
ABBVABBVIE INC
-$6.0M
C
CVXCHEVRON CORP NEW
-$4.3M
M
MRKMERCK & CO INC
-$4.1M
M
MCDMCDONALDS CORP
-$2.2M
A
AAPLAPPLE INC
-$2.1M

Top Holdings

A
AVGOBROADCOM INC
+13.8%$216.9M
M
MSFTMICROSOFT CORP
+4.9%$76.7M
K
KOCOCA COLA CO
+3.1%$49.0M
J
JPMJPMORGAN CHASE & CO.
+2.9%$45.4M
A
ABBVABBVIE INC
+2.9%$45.3M

Equity Positions (264)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
BROADCOM INC13.81%$216.9M786,788$28.03$275.65+$80.5M
MICROSOFT CORP4.88%$76.7M154,157$220.60$497.41+$18.0M
COCA COLA CO3.12%$49.0M692,658$46.53$70.75-$627.8K
JPMORGAN CHASE & CO.2.89%$45.4M156,509$113.37$289.91+$6.8M
ABBVIE INC2.88%$45.3M244,033$105.62$185.62-$6.0M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+18.0%
PHARMACEUTICAL PREPARATIONS
+8.0%
SERVICES-PREPACKAGED SOFTWARE
+6.0%
NATIONAL COMMERCIAL BANKS
+5.2%
ELECTRIC SERVICES
+5.0%