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Private company

Photozou Holdings, Inc.

Photozou Holdings, Inc. is an American advertising services company, incorporated in Delaware.1

Last updated Oct 21, 2026.

Overview

$131.5KRevenue, fiscal 20242
-$329.1KNet income, fiscal 20242
  • IndustryServices-Advertising1
  • HeadquartersDE1
  • Incorporated inDE3
  • Business address4-30-4F, Yotsuya, Shinjuku-Ku, Tokyo, M0 160-00043
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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January 18, 2017, we changed our name from Exquisite Acquisition, Inc. to Photozou Holdings, Inc.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

75.4%Gross margin2
-250.2%Net margin2
698.8%Revenue growth, 20242

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue62¢$81.6K
  • Other costs38¢$49.9K

Out of $131.5K in revenue.2 The company lost money this year.

Financial statements

Revenue56789102$131.5K in 2024+16% since 2017
0$200.0K$400.0K$600.0K$800.0K2017: $113.6K$113.6K20172018: $688.6K$688.6K2018+506%2019: $296.0K$296.0K2019−57%2020: $203.8K$203.8K2020−31%2021: $208.6K$208.6K2021+2%2022: $186.0K$186.0K2022−11%2023: $16.5K$16.5K2023−91%2024: $131.5K$131.5K2024+699%
Gross profit56789102$99.2K in 2024+387% since 2017
-$50.0K0$50.0K$100.0K2017: $20.4K$20.4K20172018: $50.9K$50.9K2018+150%2019: $31.7K$31.7K2019−38%2020: $40.8K$40.8K2020+29%2021: $61.6K$61.6K2021+51%2022: $35.4K$35.4K2022−43%2023: -$5.4K-$5.4K20232024: $99.2K$99.2K2024
Operating income7-$71.8K in 2020−20% since 2019
-$100.0K-$75.0K-$50.0K-$25.0K02019: -$89.8K-$89.8K20192020: -$71.8K-$71.8K2020−20%
Net income56789102-$329.1K in 2024+428% since 2017
-$400.0K-$300.0K-$200.0K-$100.0K02017: -$62.4K-$62.4K20172018: -$69.3K-$69.3K2018+11%2019: -$89.8K-$89.8K2019+30%2020: -$71.8K-$71.8K2020−20%2021: -$199.4K-$199.4K2021+178%2022: -$155.3K-$155.3K2022−22%2023: -$263.8K-$263.8K2023+70%2024: -$329.1K-$329.1K2024+25%
Fiscal year20172018201920202021202220232024
Revenue$113.6K5$688.6K6$296.0K7$203.8K8$208.6K9$186.0K10$16.5K2$131.5K2
Cost of revenue$93.2K5$637.7K6$264.3K7$163.0K8$147.0K9$150.6K10$79.3K2$81.6K2
Gross profit$20.4K5$50.9K6$31.7K7$40.8K8$61.6K9$35.4K10-$5.4K2$99.2K2
Operating expenses$264.0K9$199.0K10$259.5K2$417.4K2
Operating income-$89.8K7-$71.8K7
Net income-$62.4K5-$69.3K6-$89.8K7-$71.8K8-$199.4K9-$155.3K10-$263.8K2-$329.1K2
Earnings per share-$0.015-$0.016-$0.017-$0.017
Shares (weighted, diluted)8.0M shares98.0M shares108.0M shares28.0M shares2

Compare Photozou Holdings, Inc. with another company

Corporate structure

Photozou Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Photozou Holdings, Inc.

  • Rei Ishizuka Filed SC 13D on Photozou Holdings, Inc., latest Jul 12, 2022
  • Photozou Holdings, Inc. DE

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Photozou Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$32.6K2 Nov 30, 2024$55.3K2 Nov 30, 2023−41.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$24.5K2 Nov 30, 2024$11.6K2 Nov 30, 2023+112.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$53.7K2 Nov 30, 2024$68.5K2 Nov 30, 2023−21.6%

Properties, in its own words

We neither rent nor own any properties. We utilize the office space and equipment of our management at no cost. Management estimates such amounts to be immaterial.

Item 2 of the 10-K filed Mar 30, 2026.4

Leadership

Who has led Photozou Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Koichi Ishizuka2020

Chief financial officer

  1. Kazuki Matsuhashi2025–now
2025
Board members and other officers (2)

Former names

  • Photozou Co., Ltd.Jan 19, 2017 to Jan 19, 20173
  • Exquisite Acquisition, Inc.Jan 26, 2015 to Oct 11, 20163

Timeline

  1. Nov 18, 20258-K Executive or director change16
  2. Mar 25, 20258-K Unregistered sale of shares17
  3. Mar 3, 20258-K Change of auditor18
  4. Dec 16, 20248-K Unregistered sale of shares19
  5. Sep 12, 20248-K Executive or director change20
  6. Sep 5, 20248-K Unregistered sale of shares21
  7. May 31, 20248-K Change of auditor22
  8. May 6, 20248-K Change of auditor23
  9. Apr 24, 20248-K Executive or director change24
  10. Jan 16, 20248-K Change of auditor25
  11. Sep 24, 2020New chief executive Koichi Ishizuka becomes CEO14

Filings

34 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 10 major events, 1 insider forms, 1 large holders, 7 other. The latest 20:

  1. Mar 30, 202610-K EDGAR
  2. Dec 10, 20253 EDGAR
  3. Nov 18, 20258-K EDGAR
  4. Mar 25, 20258-K EDGAR
  5. Mar 3, 20258-K EDGAR
  6. Feb 28, 2025NT 10-K EDGAR
  7. Dec 16, 20248-K EDGAR
  8. Nov 13, 202410-Q EDGAR
  9. Oct 15, 2024NT 10-Q EDGAR
  10. Sep 17, 202410-Q/A EDGAR
  11. Sep 12, 20248-K EDGAR
  12. Sep 5, 20248-K EDGAR
  13. Jul 12, 202410-Q EDGAR
  14. May 31, 20248-K EDGAR
  15. May 6, 20248-K EDGAR
  16. Apr 24, 20248-K EDGAR
  17. Apr 4, 202410-Q EDGAR
  18. Mar 8, 202410-K EDGAR
  19. Feb 28, 2024NT 10-K EDGAR
  20. Jan 16, 20248-K EDGAR

The 34 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Rei IshizukaSC 13D, 1 filing Jul 12, 202226

SEC filer profile

How Photozou Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPhotozou Holdings, Inc.1
  • CIK0001627469
  • Employer ID (EIN)90-12603224
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsNovember 301
  • Industry code (SIC)7310 Services-Advertising1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address4-30-4F, Yotsuya, Shinjuku-Ku, Tokyo, M0 160-00041
  • Phone401-641-04051
  • Public float$20.7M as of May 31, 20244
  • AuditorBush & Associates CPA LLC, Las Vegas, Nevada PCAOB ID 67974
  • On EDGAR sinceJan 26, 20151
  • Filings115 in all: 10-Q (25), 8-K (16), UPLOAD (12), S-1/A (10), 10-K (9), NT 10-K (7), POS AM (7), NT 10-Q (6)1
    All 19 form types

    EFFECT (4), 10-Q/A (3), CORRESP (3), SC 13D (3), 3 (2), AW (2), S-1 (2), 4 (1), 8-A12G (1), 8-K/A (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Mar 30, 2026
    Quarterly report (10-Q) Nov 13, 2024
    Latest 8-K (8-K) Nov 18, 2025

Risk factors and legal proceedings

Legal proceedings

From time to time, we may become party to litigation or other legal proceedings that we consider to be a part of the ordinary course of our business. We are not currently involved in legal proceedings that could reasonably be expected to have a material adverse effect on our business, prospects, financial condition or results of operations. We may become involved in material legal proceedings in the future.

The opening of Item 3, Legal Proceedings.4

Sources

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