Hikari Power Ltd is a company based in Tokyo, Japan. The company provides real estate rental and management services. According to the recent SEC 13F filing submitted on 10th October, 2014, the primary stock holdings of Hakari Power were Berkshire Hathaway (NYSE:BRK.A), Wells Fargo & CO. (NYSE: WFC) and soft drink multinational Coca Cola Co. (NYSE:KO).
Berkshire Hathaway (NYSE:BRK.A) was the main investment of Hakari Power Ltd with investment worth $122.3 million at the end of 2014 third quarter filings. With its headquarters in Omaha, Nebraska, USA, the company has interests in insurance locally and reinsurance internationally. It manages and oversees a number of subsidiary companies. The company owns a diverse range of businesses such as retail, confectionery, home furnishing among others. BNSF, GEICO, Dairy Green, Lubrizol, Helzberg Diamonds, Fruit of the Loom, Netjets and FlightSafety International are some of the companies owned fully by Berkshire Hathaway. For the very first time, the company’s shares hit $200,000 per share in August this year.
Wells Fargo & Co. (NYSE:WFC) was the second largest investment of Hikari Power Ltd with a total investment worth $110.2 million at the end of the third quarter of 2014. Wells Fargo & Co. is a banking and financial services holding company based in San Francisco, California. Earlier this year, the company was named in The Banker and Brand Finance study of the top 500 banking brands as the most valuable bank brand in the world. Some of the companies recently acquired by Wells Fargo & Co. include The Rock Creek Group LP and Merlin Securities.
Coca Cola Co (NYSE:KO) emerged as the third biggest investment of Hakari Power with an investment worth $43.3 million at the end of the third quarter ended September 30, 2014. Coca Cola Co. is a multinational beverage corporation and manufacturer of non-alcoholic beverage syrups and concentrates. The company has its headquarters in Atlanta, Georgia, United States. On August 14, 2014, Coca Cola Co announced that it’s making a $2.15 billion cash payment for a 16.7% stake in Monster beverage Corp. This is aimed at expanding the market for the energy drinks. The company has also recently introduced a new healthier drink dubbed Coca-Cola Life, which is aimed at capturing health enthusiasts who’ve been vouching for other alternative drinks lately.
This article has been written by Victor Ochieng.