Hikari Tsushin 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COMMON	88579Y101	21,397,204	195,730	SH		DFND	N/A	195,730	0	0
ABBOTT LABORATORIES	COMMON	002824100	3,618,001	32,870	SH		DFND	N/A	32,870	0	0
ABBVIE INC	COMMON	00287Y109	16,266,116	104,963	SH		DFND	N/A	104,963	0	0
AGILENT TECHNOLOGIES INC	COMMON	00846U101	252,339	1,815	SH		DFND	N/A	1,815	0	0
ALIBABA GROUP HLDG LTD	COMMON	01609W102	2,180,434	28,131	SH		DFND	N/A	28,131	0	0
ALLISON TRANSMISSION HOLDING	COMMON	01973R101	145,375	2,500	SH		DFND	N/A	2,500	0	0
ALPHABET INC	COMMON	02079K305	100,822,794	721,761	SH		DFND	N/A	721,761	0	0
ALTRIA GROUP INC	COMMON	02209S103	12,663,694	313,924	SH		DFND	N/A	313,924	0	0
AMETEK INC	COMMON	031100100	5,488,858	33,288	SH		DFND	N/A	33,288	0	0
APPLE INC	COMMON	037833100	14,019,650	72,818	SH		DFND	N/A	72,818	0	0
AUTOMATIC DATA PROCESSING INC	COMMON	053015103	2,422,888	10,400	SH		DFND	N/A	10,400	0	0
BERKSHIRE HATHAWAY INC-CL A	COMMON	084670108	611,538,375	1,127	SH		DFND	N/A	1,127	0	0
BERKSHIRE HATHAWAY INC-CL B	COMMON	084670702	7,770,551	21,787	SH		DFND	N/A	21,787	0	0
BHP GROUP LTD-SPON ADR	COMMON	088606108	8,130,325	119,021	SH		DFND	N/A	119,021	0	0
BRISTOL-MYERS SQUIBB CO	COMMON	110122108	4,163,345	81,141	SH		DFND	N/A	81,141	0	0
BROOKFIELD CORP	COMMON	11271J107	1,755,812	43,764	SH		DFND	N/A	43,764	0	0
CIGNA CORP	COMMON	125523100	2,668,399	8,911	SH		DFND	N/A	8,911	0	0
COSTCO WHOLESALE CORP	COMMON	22160K105	924,112	1,400	SH		DFND	N/A	1,400	0	0
DANAHER CORP	COMMON	235851102	15,330,670	66,269	SH		DFND	N/A	66,269	0	0
EAST WEST BANCORP INC	COMMON	27579R104	143,900	2,000	SH		DFND	N/A	2,000	0	0
ECOLAB INC	COMMON	278865100	3,941,810	19,873	SH		DFND	N/A	19,873	0	0
EXXON MOBIL CORP	COMMON	30231G102	4,960,208	49,612	SH		DFND	N/A	49,612	0	0
FIRST TRUST SENIOR LOAN ETF	COMMON	33738D309	9,549,896	207,291	SH		DFND	N/A	207,291	0	0
FONAR CORP	COMMON	344437405	276,930	14,158	SH		DFND	N/A	14,158	0	0
FORTIVE CORP	COMMON	34959J108	3,763,745	51,117	SH		DFND	N/A	51,117	0	0
GENTEX CORP	COMMON	371901109	65,973	2,020	SH		DFND	N/A	2,020	0	0
HUNTINGTON INGALLS INDUSTRIE	COMMON	446413106	285,604	1,100	SH		DFND	N/A	1,100	0	0
INTUITIVE SURGICAL INC	COMMON	46120E602	5,919,656	17,547	SH		DFND	N/A	17,547	0	0
INVESCO SENIOR LOAN ETF	COMMON	46138G508	19,178,193	905,486	SH		DFND	N/A	905,486	0	0
ISHARES BIOTECHNOLOGY ETF	COMMON	464287556	186,522	1,373	SH		DFND	N/A	1,373	0	0
ISHARES IBOXX HIGH YLD CORP	COMMON	464288513	9,800,205	126,634	SH		DFND	N/A	126,634	0	0
JACK HENRY AND ASSOCIATES INC	COMMON	426281101	2,350,163	14,382	SH		DFND	N/A	14,382	0	0
JACOBS SOLUTIONS INC	COMMON	46982L108	344,619	2,655	SH		DFND	N/A	2,655	0	0
JOHNSON AND JOHNSON	COMMON	478160104	21,389,994	136,468	SH		DFND	N/A	136,468	0	0
LEVI STRAUSS AND CO- CLASS A	COMMON	52736R102	405,230	24,500	SH		DFND	N/A	24,500	0	0
LINDE PLC	COMMON	G54950103	10,473,105	25,500	SH		DFND	N/A	25,500	0	0
LOCKHEED MARTIN CORP	COMMON	539830109	14,063,584	31,029	SH		DFND	N/A	31,029	0	0
MEDTRONIC PLC	COMMON	G5960L103	11,941,146	144,952	SH		DFND	N/A	144,952	0	0
MERCK AND CO INC	COMMON	58933Y105	960,684	8,812	SH		DFND	N/A	8,812	0	0
MICROSOFT CORP	COMMON	594918104	4,470,740	11,889	SH		DFND	N/A	11,889	0	0
MONDELEZ INTERNATIONAL INC	COMMON	609207105	1,513,642	20,898	SH		DFND	N/A	20,898	0	0
MOODY'S CORP	COMMON	615369105	12,376,456	31,689	SH		DFND	N/A	31,689	0	0
NOVO NORDISK AS	COMMON	670100205	2,432,316	23,512	SH		DFND	N/A	23,512	0	0
NUTRIEN LTD	COMMON	67077M108	608,364	10,800	SH		DFND	N/A	10,800	0	0
OCCIDENTAL PETROLEUM CORP	COMMON	674599105	316,284	5,297	SH		DFND	N/A	5,297	0	0
ORGANON AND CO	COMMON	68622V106	8,638	599	SH		DFND	N/A	599	0	0
PHILLIPS 66	COMMON	718546104	17,032,068	127,926	SH		DFND	N/A	127,926	0	0
PROCTER AND GAMBLE CO	COMMON	742718109	4,208,922	28,722	SH		DFND	N/A	28,722	0	0
REPUBLIC SERVICES INC	COMMON	760759100	5,310,102	32,200	SH		DFND	N/A	32,200	0	0
ROPER TECHNOLOGIES INC	COMMON	776696106	8,504,652	15,600	SH		DFND	N/A	15,600	0	0
ROYALTY PHARMA PLC	COMMON	G7709Q104	62,360	2,220	SH		DFND	N/A	2,220	0	0
TRANSDIGM GROUP INC	COMMON	893641100	1,072,296	1,060	SH		DFND	N/A	1,060	0	0
TRIMBLE INC	COMMON	896239100	943,130	17,728	SH		DFND	N/A	17,728	0	0
VANGUARD HEALTH CARE ETF	COMMON	92204A504	4,097,190	16,343	SH		DFND	N/A	16,343	0	0
VANGUARD S AND P 500 ETF	COMMON	922908363	34,757,050	79,572	SH		DFND	N/A	79,572	0	0
VERALTO CORP	COMMON	92338C103	1,772,374	21,546	SH		DFND	N/A	21,546	0	0
VERISIGN INC	COMMON	92343E102	1,215,370	5,901	SH		DFND	N/A	5,901	0	0
VISA INC	COMMON	92826C839	26,182,358	100,566	SH		DFND	N/A	100,566	0	0
VONTIER CORP	COMMON	928881101	1,356,675	39,267	SH		DFND	N/A	39,267	0	0
WATERS CORPORATION	COMMON	941848103	7,571,302	22,997	SH		DFND	N/A	22,997	0	0
WELLS FARGO AND CO	COMMON	949746101	523,258	10,631	SH		DFND	N/A	10,631	0	0
WOODSIDE ENERGY GROUP LTD	COMMON	980228308	746,185	35,381	SH		DFND	N/A	35,381	0	0