Company: SATLF
Filing Date: 2025-04-01
Form Type: F-6 POS
Source: 0001104659-25-030364
Chunk: 3

Company: Start Today Co., Ltd./ADR
Filing Date: 2025-04-01
Form: F-6 POS
Chunk 3
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 hereby or custody of
the deposited securities represented thereby. - None.

(c) Any
material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at
any time within the last three years. - None.

(d) Opinion of counsel to the Depositary as to the legality of the securities
to be registered. Previously filed.

(e) Certification
under Rule 466.

Item 4. UNDERTAKINGS

(a) The
Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders
of the Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received
by the Depositary as the holder of the deposited securities; and (2) made generally available to the holders of the underlying securities
by the issuer.

(b) If
the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount
of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge
to anyone upon request. The Depositary undertakes to notify each registered holder of a Receipt thirty days before any change in the
fee schedule.

<div align='center'>II-1

SIGNATURE</div>

Pursuant to the requirements of the Securities Act of 1933, as amended,
Deutsche Bank Trust Company Americas, on behalf of the legal entity created by the agreement for the issuance of American Depositary Shares,
certifies that it has reasonable grounds to believe that all of the requirements for filing on Form F-6 are met and has duly caused this
Post-Effective Amendment No. 1 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of New York, State of New York, as of March 28, 2025.

| Legal entity created by the agreement for the issuance of American Depositary Receipts evidencing American Depositary Shares representing the right to receive shares of common stock of ZOZO, Inc. |                                                  |                     |
| By:                                                                                                                                                                                                 | DEUTSCHE BANK TRUST COMPANY AMERICAS, Depositary |                     |
| By:                                                                                                                                                                                                 | /s/ Michael Fitzpatrick                          |                     |
|                                                                                                                                                                                                     | Name:                                            | Michael Fitzpatrick |
|                                                                                                                                                                                                     | Title:                                           | Vice President