OFF Line International 10-Q 12 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	May 13, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-56221
Entity Registrant Name	ZENTRUM HOLDINGS, Inc.
Entity Central Index Key	0001818152
Entity Tax Identification Number	32-0620813
Entity Incorporation, State or Country Code	DE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		20,000,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 12,023	$ 46,060
Advance payments	19,531	25,252
TOTAL CURRENT ASSETS	31,554	71,312
TOTAL ASSETS	31,554	71,312
CURRENT LIABILITIES:
Accrued expenses	11,124	10,435
Due to related party	470,859	479,013
TOTAL LIABILITIES	481,983	489,448
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; 0 issued and outstanding as of June 30, 2022 and December 31, 2022)
Common stock ($0.0001 par value, 500,000,000 shares authorized, 20,000,000 shares issued and outstanding as of June 30, 2022 and December 31, 2022)	2,000	2,000
Additional paid in capital	57,665	38,131
Accumulated deficit	(612,713)	(483,821)
Accumulated other comprehensive income (loss)	102,619	25,554
TOTAL STOCKHOLDER'S DEFICIT	(450,429)	(418,136)
TOTAL LIABILITIES & STOCKHOLDER'S DEFICIT	$ 31,554	$ 71,312

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical)	Jun. 30, 2022 $ / shares shares
Statement of Financial Position [Abstract]
preferred stock par value | $ / shares	$ 0.0001
preferred stock authorized	20,000,000
preferred stock issued	0
Common stock par value | $ / shares	$ 0.0001
common stock authorized	500,000,000
common stock issued	20,000,000

Consolidated Statement of Opera

Consolidated Statement of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenues		$ 10,202		$ 10,202
Cost of revenues
GROSS PROFIT		10,202		10,202
OPERATING EXPENSES
General and Administrative Expenses	49,825	42,881	109,358	102,694
TOTAL OPERATING EXPENSES	49,825	42,881	109,358	102,694
OTHER INCOME (EXPENSES)
Interest expenses	(9,908)	(7,155)	(19,534)	(13,687)
TOTAL OTHER INCOME/ EXPENSES	(9,908)	(7,155)	(19,534)	(13,687)
NET LOSS	(59,733)	(39,834)	(128,892)	(106,179)
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment	48,952	(559)	77,065	18,547
TOTAL COMPREHENSIVE LOSS	$ (10,781)	$ (40,393)	$ (51,827)	$ (87,632)
BASIC AND DILUTED NET LOSS PER COMMON STOCK	$ 0	$ 0	$ (0.01)	$ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON STOCK OUTSTANDING, BASIC AND DILUTED	20,000,000	20,000,000	20,000,000	20,000,000

Statements of Changes in Stockh

Statements of Changes in Stockholder's Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Comprehensive Income [Member]	Total
Balance, value	$ 2,000	$ 6,229	$ (246,203)	$ (8,380)	$ (246,354)
Beginning balance, value at Dec. 31, 2020	2,000	6,229	(246,203)	(8,380)	(246,354)
Net loss			(66,345)		(66,345)
Imputed interest		6,532			6,532
Foreign currency translation				19,106	19,106
Beginning balance, value at Dec. 31, 2020	2,000	6,229	(246,203)	(8,380)	(246,354)
Net loss					(106,179)
Foreign currency translation					18,547
Balance, value	2,000	12,761	(312,548)	10,726	(287,061)
Beginning balance, value at Mar. 31, 2021	2,000	12,761	(312,548)	10,726	(287,061)
Net loss			(39,834)		(39,834)
Imputed interest		7,259			7,259
Foreign currency translation				(559)	(559)
Balance, value	2,000	20,020	(352,382)	10,167	(320,195)
Balance, value	2,000	38,131	(483,821)	25,554	$ (418,136)
Balance, shares					20,000,000
Beginning balance, value at Dec. 31, 2021	2,000	38,131	(483,821)	25,554	$ (418,136)
Imputed interest		9,626			9,626
Foreign currency translation				28,113	28,113
Beginning balance, value at Dec. 31, 2021	2,000	38,131	(483,821)	25,554	(418,136)
Net loss					(128,892)
Foreign currency translation					77,065
Balance, value	2,000	47,757	(552,980)	53,667	(449,556)
Beginning balance, value at Mar. 31, 2022	2,000	47,757	(552,980)	53,667	(449,556)
Net loss			(59,733)		(59,733)
Imputed interest		9,908			9,908
Foreign currency translation				48,952	48,952
Balance, value	$ 2,000	$ 57,665	$ (612,713)	$ 102	$ (450,429)
Balance, shares					20,000,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (128,892)	$ (106,179)
Adjustments to reconcile net loss to net cash used in operating activities:
Imputed interest	19,534	13,791
Changes in operating assets and liabilities:
Advance payments	1,908	(433)
Accounts payable	715
Accrued Expense	1,884	(1,992)
Deferred Revenue		(10,202)
Net cash used in operating activities	(104,851)	(105,015)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from due to related party	75,173	51,089
Net cash provided by (used in) financing activities	75,173	51,089
Net effect of exchange rate changes on cash	(4,359)	86
Net Change in Cash and Cash equivalents	(34,037)	6,628
Cash and cash equivalents - beginning of period	46,060	8,942
Cash and cash equivalents - end of period	12,023	15,570
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid
Income taxes paid

NOTE 1 ORGANIZATION AND DESCRIP

NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS Zentrum Holdings, Inc., formerly known as OFF Line International, Inc., a Delaware corporation (“the Company”) was incorporated under the laws of the State of Delaware on November 22, 2019 with the name OFF Line International, Inc. On November 22, 2019, Mr. Koichi Ishizuka was appointed as Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer. On December 30, 2019, the Company entered into and consummated a Share Contribution Agreement (the “Share Contribution Agreement”) with Koichi Ishizuka. Pursuant to this agreement Mr. Ishizuka gifted to the Company, at no cost, 100 shares of common stock of OFF Line Japan Co., Ltd., a Japan corporation (“OFF Line Japan”), which represented all of its issued and outstanding shares. OFF Line Japan was incorporated under the laws of Japan on June 13, 2018. Currently, OFF Line Japan is headquartered in Tokyo, Japan. The Company’s primary business is focused on telecommunication service. On June 16, 2021, the Company’s Board of Directors approved to change the name of the Company from “OFF Line International, Inc.” to “Zentrum Holdings, Inc.” Our principal executive offices are located at 4-30-4F, Yotsuya, Shinjuku-ku, Tokyo, 160-0004, Japan. The Company has elected December 31st as its fiscal year end.

NOTE 2 SUMMARY OF SIGNIFICANT A

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates. Related party transactions A related party is generally defined as (i) any person that holds 10% or more of the Company’s securities and their immediate families, (ii) the Company’s management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. The Company conducts business with its related parties in the ordinary course of business. Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at June 30, 2022 and December 31, 2021 were $12,023 and $46,060,respectively. Advance Payments Advance payments are comprised of the payments for the development of unfinished software. As of June 30, 2022 and December 31, 2021, the Company had the advance payments of $19,531 $25,252, F-5 Table of Contents Foreign currency translation The Company maintains its books and record in its local currency, Japanese YEN (“JPY”), which is a functional currency as being the primary currency of the economic environment in which its operation is conducted. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statements of operations. The reporting currency of the Company is the United States Dollars (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In accordance with ASC Topic 830-30, “Translation of Financial Statement”, assets and liabilities of the Company whose functional currency is not US$ are translated into US$, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. Shareholders’ equity is translated at historical exchange rate at the time of transaction. The gains and losses resulting from translation of financial statements are recorded as a separate component of accumulated other comprehensive income within the statements of shareholders’ equity. Translation of amounts from the local currency of the Company into US$1 has been made at the following exchange rates: June 30, 2022 December 31, 2021 Current JPY: US$1 exchange rate 136.68 115.02 Average JPY: US$1 exchange rate 123.14 109.90 Comprehensive income or loss ASC Topic 220, “Comprehensive Income”, establishes standards for reporting and display of comprehensive income or loss, its components and accumulated balances. Comprehensive income or loss as defined includes all changes in equity during a period from non-owner sources. Accumulated comprehensive income, as presented in the accompanying consolidated statements of shareholders’ equity consists of changes in unrealized gains and losses on foreign currency translation. Revenue Recognition The Company adopted ASC 606 - Revenue from contracts with Customers: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. Revenue for small sized communication devices (“Beacons”) is recognized when Beacons are delivered to the customer and the customer completes the acceptance inspection. Revenue for the AI camera is recognized at a point in time when the services are provided to the customers. Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at June 30, 2022. Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of June 30, 2022 and December 31, 2021 and, thus, anti-dilution issues are not applicable. Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2022. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. As of June 30, 2022, the Company had no financial instruments. F-6

NOTE 3 GOING CONCERN

NOTE 3 GOING CONCERN	6 Months Ended
	Jun. 30, 2022
Note 3 Going Concern
NOTE 3 GOING CONCERN	NOTE 3 GOING CONCERN The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, working capital deficiency, and other adverse key financial ratios. The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

NOTE 4 ACCRUED EXPENSES

NOTE 4 ACCRUED EXPENSES	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
NOTE 4 ACCRUED EXPENSES	NOTE 4 ACCRUED EXPENSES Accrued expenses are comprised of the unpaid operating expense at the end of the period and totaled $11,124 and $10,435 as of June 30, 2022 and December 31, 2021.

NOTE 5 INCOME TAXES

NOTE 5 INCOME TAXES	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
NOTE 5 INCOME TAXES	NOTE 5 INCOME TAXES Japan The Company conducts its major businesses in Japan and is subject to tax in this jurisdiction. As a result of its business activities, the Company files tax returns that are subject to examination by the local tax authority. The Company is subject to a number of income taxes Company’s assessable profit For the year ended December 31, 　 　 Up to JPY 4 million 　 JPY 4 million to JPY 8 million Over JPY 8 million 2022 　 　 22.9% 　 25.37% 37.59% United States The Company, which acts as a holding company on a non-consolidated basis, does not plan to engage any business activities and current or future loss will be fully allowed. For the periods ended December 31, 2021 and June 30, 2022, the Company as a holding company registered in the state of Delaware, has incurred net loss and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry forward has been fully reserved. The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the period presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. Deferred tax assets as of June 30, 2022 and December 31, 2020 　 June 30, 2022 　 　 December 31, 2021 Deferred tax assets, generated from net operating loss at statutory rates $ 128,670 　 $ 101,603 Valuation allowance 　 (128,670) 　 　 (101,603) Net deferred tax assets $ - $ - The reconciliation of the effective income tax rate Federal income tax rate 21.0 % Increase in valuation allowance (21.0 %) Effective income tax rate 0.0 %

NOTE 6 SHAREHOLDER EQUITY

NOTE 6 SHAREHOLDER EQUITY	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
NOTE 6 SHAREHOLDER EQUITY	NOTE 6 SHAREHOLDER EQUITY Preferred Stock The authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.0001. The Company had no shares of preferred stock issued and outstanding at June 30, 2022 and December 31, 2021. Common Stock The authorized common stock of the Company consists of 500,000,000 shares with a par value of $0.0001. There were 20,000,000 shares of common stock issued and outstanding at June 30, 2022 and December 31, 2021. The Company did not have any potentially dilutive instruments as of June 30, 2022 and December 31, 2021. and, thus, anti-dilution issues are not applicable. Additional paid-in capital For the six months ended June 30, 2022, the Company had imputed interest of $9,626. For the six months ended June 30, 2021, the Company had imputed interest of $6,532

NOTE 7 RELATED-PARTY TRANSACTIO

NOTE 7 RELATED-PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2022
Note 7 Related-party Transactions
NOTE 7 RELATED-PARTY TRANSACTIONS	NOTE 7 RELATED-PARTY TRANSACTIONS Due to related party For the six months ended June 30, 2022, the Company borrowed $75,173 from OFF Line Co., Ltd., a Company controlled by Koichi Ishizuka, CEO. The total due as of June 30, 2022 was $ 470,859 and is unsecured, due on demand and non-interest bearing. For the year ended December 31, 2021, the Company borrowed $182,580 from OFF Line Co., Ltd., a Company controlled by Koichi Ishizuka, CEO. The total due as of December 31, 2021 was $479,013 The Company utilizes home office space and equipment of our management at no cost. Management estimates such amounts to be immaterial.

NOTE 8 SUBSEQUENT EVENTS

NOTE 8 SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
NOTE 8 SUBSEQUENT EVENTS	NOTE 8 SUBSEQUENT EVENTS The Company had no subsequent events as of August 12, 2022.

NOTE 2 SUMMARY OF SIGNIFICANT_2

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated.
Basis of Presentation	Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates.
Related party transactions	Related party transactions A related party is generally defined as (i) any person that holds 10% or more of the Company’s securities and their immediate families, (ii) the Company’s management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. The Company conducts business with its related parties in the ordinary course of business. Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at June 30, 2022 and December 31, 2021 were $12,023 and $46,060,respectively.
Advance Payments	Advance Payments Advance payments are comprised of the payments for the development of unfinished software. As of June 30, 2022 and December 31, 2021, the Company had the advance payments of $19,531 $25,252, F-5 Table of Contents
Foreign currency translation	Foreign currency translation The Company maintains its books and record in its local currency, Japanese YEN (“JPY”), which is a functional currency as being the primary currency of the economic environment in which its operation is conducted. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statements of operations. The reporting currency of the Company is the United States Dollars (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In accordance with ASC Topic 830-30, “Translation of Financial Statement”, assets and liabilities of the Company whose functional currency is not US$ are translated into US$, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. Shareholders’ equity is translated at historical exchange rate at the time of transaction. The gains and losses resulting from translation of financial statements are recorded as a separate component of accumulated other comprehensive income within the statements of shareholders’ equity. Translation of amounts from the local currency of the Company into US$1 has been made at the following exchange rates: June 30, 2022 December 31, 2021 Current JPY: US$1 exchange rate 136.68 115.02 Average JPY: US$1 exchange rate 123.14 109.90
Comprehensive income or loss	Comprehensive income or loss ASC Topic 220, “Comprehensive Income”, establishes standards for reporting and display of comprehensive income or loss, its components and accumulated balances. Comprehensive income or loss as defined includes all changes in equity during a period from non-owner sources. Accumulated comprehensive income, as presented in the accompanying consolidated statements of shareholders’ equity consists of changes in unrealized gains and losses on foreign currency translation.
Revenue Recognition	Revenue Recognition The Company adopted ASC 606 - Revenue from contracts with Customers: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. Revenue for small sized communication devices (“Beacons”) is recognized when Beacons are delivered to the customer and the customer completes the acceptance inspection. Revenue for the AI camera is recognized at a point in time when the services are provided to the customers.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized at June 30, 2022.
Basic Earnings (Loss) Per Share	Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of June 30, 2022 and December 31, 2021 and, thus, anti-dilution issues are not applicable.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2022. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. As of June 30, 2022, the Company had no financial instruments. F-6

NOTE 5 INCOME TAXES (Tables)

NOTE 5 INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
income taxes	The Company is subject to a number of income taxes Company’s assessable profit For the year ended December 31, 　 　 Up to JPY 4 million 　 JPY 4 million to JPY 8 million Over JPY 8 million 2022 　 　 22.9% 　 25.37% 37.59%
Deferred tax assets as of June 30, 2022 and December 31, 2020	Deferred tax assets as of June 30, 2022 and December 31, 2020 　 June 30, 2022 　 　 December 31, 2021 Deferred tax assets, generated from net operating loss at statutory rates $ 128,670 　 $ 101,603 Valuation allowance 　 (128,670) 　 　 (101,603) Net deferred tax assets $ - $ -
reconciliation of the effective income tax rate	The reconciliation of the effective income tax rate Federal income tax rate 21.0 % Increase in valuation allowance (21.0 %) Effective income tax rate 0.0 %

NOTE 2 SUMMARY OF SIGNIFICANT_3

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
[custom:Advancepaymentsperiod-0]	$ 19,531	$ 25,252

NOTE 4 ACCRUED EXPENSES (Detail

NOTE 4 ACCRUED EXPENSES (Details Narrative) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
[custom:AccruedExpensesAndOtherLiabilities-0]	$ 11,124	$ 10,435

NOTE 6 SHAREHOLDER EQUITY (Deta

NOTE 6 SHAREHOLDER EQUITY (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Equity [Abstract]
[custom:ImputedInterest]	$ 9,626	$ 6,532

NOTE 7 RELATED-PARTY TRANSACT_2

NOTE 7 RELATED-PARTY TRANSACTIONS (Details Narrative) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Note 7 Related-party Transactions
Due to Related Parties, Current	$ 470,859	$ 479,013