UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-Q



|X| QUARTERLY REPORT PURSUANT TO SECTION 13
OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934



For the quarterly period ended May 31, 2012



OR



|_| TRANSITION REPORT PURSUANT TO SECTION 13
OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934



For the transition period from ______ to ______



Commission file number: 0-53164



YOUR EVENT, INC.

(Exact name of registrant as specified in its
charter)



Nevada 26-1375322

(State or other jurisdiction of (I.R.S. Employer

incorporation or organization)
Identification No.)



4-22-10 Ebisu, Shibuya-ku Tokyo, Japan
1500013

(Address of principal executive
offices)(Zip Code)

Issuer's telephone number, including area code:
81-3-3478-2830



Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for
such shorter period that the registrant was required to file such reports) and (2) has been subject to

such filing requirements for the past 90 days. Yes |_| No |X|



Indicate by check mark whether the Registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definition of "accelerated filer
and large accelerated filer" in Rule 12b-2 of the Exchange Act (Check one).



Large accelerated filer |_| Accelerated filer |_|

Non-accelerated filer |_| Smaller Reporting Company |X|

(Do not check if a smaller reporting company)



Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act). Yes |X| No |_|



As of July 16, 2012, the registrant has outstanding common stock
consisting of 11,000,000 shares, $0.001 Par Value. Authorized - 70,000,000 common voting shares.



1





Table of Contents

Your Event, Inc.

Index to Form 10-Q

For the Quarterly Period Ended May 31, 2012



|PART I   | Financial Information                                                                 | 3 
|-------- | ------------------------------------------------------------------------------------- | --
|         |                                                                                       |   
|ITEM 1.  | Financial Statements                                                                  | 3 
|         | Balance Sheets                                                                        | 3 
|         | Unaudited Statements of Operations                                                    | 4 
|         | Unaudited Statement of Stockholders’ Deficit                                          | 5 
|         | Unaudited Statements of Cash Flows                                                    | 6 
|         | Notes to the Unaudited Financial Statements                                           | 7 
|         |                                                                                       |   
|ITEM 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 10
|         |                                                                                       |   
|ITEM 3.  | Quantitative and Qualitative Disclosures About Market Risk                            | 14
|         |                                                                                       |   
|ITEM 4T. | Controls and Procedures                                                               | 14
|         |                                                                                       |   
|PART II  | Other Information                                                                     | 17
|         |                                                                                       |   
|ITEM 1.  | Legal Proceedings                                                                     | 17
|         |                                                                                       |   
|ITEM 1A. | Risk Factors                                                                          | 17
|         |                                                                                       |   
|ITEM 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                           | 17
|         |                                                                                       |   
|ITEM 3   | Defaults upon Senior Securities                                                       | 17
|         |                                                                                       |   
|ITEM 4   | Submission of Matters to a Vote of Security Holders                                   | 17
|         |                                                                                       |   
|ITEM 5   | Other Information                                                                     | 18
|         |                                                                                       |   
|ITEM 6   | Exhibits                                                                              | 18
|         |                                                                                       |   
|         | SIGNATURES                                                                            | 19



2







Part I. Financial Information



Item 1. Financial Statements



Your Event, Inc.

(A Development Stage Company)

Balance Sheets



|                                              |                                              |                                                |                          | May 31, 2012 |                       | August 31, 2011
|--------------------------------------------- | -------------------------------------------- | ---------------------------------------------- | ------------------------ | ------------ | --------------------- | ---------------
|ASSETS                                        |                                              | Unaudited                                      |                          | Audited     
|Current assets:                               |                                              |                                                |                          |             
|                                              | Cash                                         |                                                | $                    605 |              | $               2,309
|                                              | Prepaid expenses                             |                                                | 53,977                   |              | 659                  
|                                              |                                              | Total current assets                           |                          | 54,582       |                       | 2,968          
|TOTAL ASSETS                                  |                                              | 54,582                                         |                          | 2,968       
|                                              |                                              |                                                |                          |              |                       |                
|LIABILITIES AND STOCKHOLDERS'
        DEFICIT |                                              |                                                |                          |             
|Current liabilities:                          |                                              |                                                |                          |             
|                                              | Accounts payable                             |                                                | 7,167                    |              | 3,500                
|                                              | Accrued expenses                             |                                                | -                        |              | 5,000                
|                                              | Advances from controlling stockholders       |                                                | 477,679                  |              | -                    
|                                              |                                              | Total current liabilities                      |                          | 484,846      |                       | 8,500          
|                                              |                                              |                                                |                          |              |                       |                
|Stockholders' equity:                         |                                              |                                                |                          |             
|                                              | Preferred stock, $0.001 par value, 5,000,000 |                                                | -                        |              | -                    
|                                              |                                              | shares authorized, none issued and outstanding |                          |              |                       |                
|                                              | Common stock, $0.001 par value, 70,000,000   |                                                | 11,000                   |              | 11,000               
|                                              |                                              | shares authorized, 11,000,000 issued           |                          |              |                       |                
|                                              |                                              | and outstanding                                |                          |              |                       |                
|                                              |                                              |                                                |                          |              |                       |                
|                                              | Additional paid-in capital                   |                                                | 124,750                  |              | 124,750              
|                                              | Deficit accumulated during development stage |                                                | (566,014)                |              | (141,282)            
|                                              |                                              | Total stockholders' deficit                    |                          | (430,264)    |                       | (5,532)        
|TOTAL LIABILITIES AND STOCKHOLDERS'           |                                              |                                                |                          |             
|                                              | DEFICIT                                      |                                                | $               54,582   |              | $               2,968



The accompanying notes are an integral part of these financial statements.



3









Your Event, Inc.

(A Development Stage Company)

Statements of Operations

(Unaudited)



|                                                               |                                           |            | For the three months ended      May 31, 2012 |            | For the three months ended      May 31, 2011 |            | For the nine months ended      May 31, 2012 |            | For the nine months ended      May 31, 2011 |         | October 30, 2007 (inception) to   May 31, 2012
|-------------------------------------------------------------- | ----------------------------------------- | ---------- | -------------------------------------------- | ---------- | -------------------------------------------- | ---------- | ------------------------------------------- | ---------- | ------------------------------------------- | ------- | ----------------------------------------------
|Revenues                                                       | $                 -                       |            | $                -                           |            | $                -                           |            | $                -                          |            | $                 -                        
|                                                               | Total revenues                            |            | -                                            |            | -                                            |            | -                                           |            | -                                           |         | -                                             
|Expenses:                                                      |                                           |            |                                              |            |                                              |            |                                             |            |                                            
|                                                               | Advertising                               | -          |                                              | -          |                                              | -          |                                             | -          |                                             | 1,054  
|                                                               | Auditing and
        accounting fees      | 9,500      |                                              | 1,500      |                                              | 72,205     |                                             | 3,020      |                                             | 109,015
|                                                               | Operating expenses                        | 316,618    |                                              | 681        |                                              | 342,968    |                                             | 71,071     |                                             | 436,386
|                                                               | Operating expenses,
        related party | -          |                                              | -          |                                              | 9,559      |                                             | -          |                                             | 19,559 
|                                                               | Total expenses                            |            | 326,118                                      |            | 2,181                                        |            | 424,732                                     |            | 74,091                                      |         | 566,014                                       
|                                                               |                                           |            |                                              |            |                                              |            |                                             |            |                                             |         |                                               
|Net loss before income
        taxes                           | (326,118)                                 |            | (2,181)                                      |            | (424,732)                                    |            | (74,091)                                    |            | (566,014)                                  
|                                                               |                                           |            |                                              |            |                                              |            |                                             |            |                                             |         |                                               
|Income tax benefit                                             | -                                         |            | -                                            |            | -                                            |            | -                                           |            | -                                          
|Net loss                                                       | $    (326,118)                            |            | $       (2,181)                              |            | $   (424,732)                                |            | $     (74,091)                              |            | $     (566,014)                            
|                                                               |                                           |            |                                              |            |                                              |            |                                             |            |                                             |         |                                               
|Weighted average
        number of common shares outstanding - |                                           |            |                                              |            |                                              |            |                                             |            |                                            
|                                                               | basic and diluted                         | 11,000,000 |                                              | 11,000,000 |                                              | 11,000,000 |                                             | 11,000,000 |                                             |        
|                                                               |                                           |            |                                              |            |                                              |            |                                             |            |                                             |         |                                               
|Net loss per share –
        basic and diluted                 | $          (0.03)                         |            | $         (0.00)                             |            | $         (0.04)                             |            | $         (0.01)                            |            |                                            





The accompanying notes are an integral part of these financial statements.





4







Your Event, Inc.

(A Development Stage Company)

Statement of Stockholders’ Deficit



|                                             |  |  |            |  |              |              |             |         |              | Additional  |                   |               |  | Total    
|-------------------------------------------- |  |  | ---------- |  | ------------ | ------------ | ----------- | ------- | ------------ | ----------- | ----------------- | ------------- |  | ---------
|                                             |  |  |            |  |              | Common Stock |             | Paid-in |              | Accumulated |                   | Stockholders'
|                                             |  |  |            |  |              | Shares       |             | Amount  |              | Capital     |                   | Deficit       |  | Equity   
|Balance at August 31,
        2011 (Audited) |  |  | 11,000,000 |  | $     11,000 |              | $   124,750 |         | $  (141,282) |             | $         (5,532)
|Net loss                                     |  |  |            |  |              |              |             |         |              |             |                   | (424,732)     |  | (424,732)
|Balance at May 31, 2012
        (Unaudited)  |  |  | 11,000,000 |  | $     11,000 |              | $   124,750 |         | $  (566,014) |             | $     (430,264)  



The accompanying notes are an integral part of these financial statements.



5







Your Event, Inc.

(A Development Stage Company)

Statements of Cash Flows

(Unaudited)



|                                                                                    |                         |         | For the three months ended      May 31, 2012 |     | For the three months ended      May 31, 2011 |          | For the nine months ended      May 31, 2012 |         | For the nine months ended      May 31, 2011 |          | October 30, 2007 (inception) to   May 31, 2012
|----------------------------------------------------------------------------------- | ----------------------- | ------- | -------------------------------------------- | --- | -------------------------------------------- | -------- | ------------------------------------------- | ------- | ------------------------------------------- | -------- | ----------------------------------------------
|OPERATING ACTIVITIES                                                                |                         |         |                                              |     |                                              |          |                                             |         |                                            
|Net loss                                                                            | $   (326,118)           |         | $       (2,181)                              |     | $    (424,732)                               |          | $      (74,091)                             |         | $     (566,014)                            
|Adjustments to
        reconcile net loss to net cash used in operating activities: |                         |         |                                              |     |                                              |          |                                             |         |                                            
|                                                                                    |                         |         |                                              |     |                                              |          |                                             |        
|                                                                                    | (Increase) decrease in: |         |                                              |     |                                              |          |                                             |         |                                             |         
|                                                                                    | Prepaid expenses        | 98,000  |                                              | 640 |                                              | (53,318) |                                             | 520     |                                             | (53,977)
|                                                                                    | Increase (decrease) in: |         |                                              |     |                                              |          |                                             |         |                                             |         
|                                                                                    | Accounts payable        | (2,524) |                                              | -   |                                              | 3,667    |                                             | (40)    |                                             | 7,167   
|                                                                                    | Accrued expenses        | -       |                                              | -   |                                              | (5,000)  |                                             | (4,750) |                                             | -       
|Net cash used in
        operating activities                                       | (230,642)               |         | (1,541)                                      |     | (479,383)                                    |          | (78,361)                                    |         | (612,824)                                  
|                                                                                    |                         |         |                                              |     |                                              |          |                                             |         |                                             |          |                                               
|FINANCING ACTIVITIES                                                                |                         |         |                                              |     |                                              |          |                                             |         |                                            
|Proceeds from issuance
        of common stock                                      | -                       |         | -                                            |     | -                                            |          | -                                           |         | 15,000                                     
|Advances from controlling
        stockholders                                      | 231,247                 |         | -                                            |     | 477,679                                      |          | -                                           |         | 477,679                                    
|Contributed capital                                                                 | -                       |         | -                                            |     | -                                            |          | -                                           |         | 120,750                                    
|Net cash provided by
        financing activities                                   | 231,247                 |         | -                                            |     | 477,679                                      |          | -                                           |         | 613,429                                    
|                                                                                    |                         |         |                                              |     |                                              |          |                                             |         |                                             |          |                                               
|NET CHANGE IN CASH                                                                  | 605                     |         | (1,541)                                      |     | (1,704)                                      |          | (78,361)                                    |         | 605                                        
|CASH AT BEGINNING
        OF PERIOD                                                 | -                       |         | 3,857                                        |     | 2,309                                        |          | 80,677                                      |         | -                                          
|CASH AT END OF
        PERIOD                                                       | $            605        |         | $          2,316                             |     | $            605                             |          | $          2,316                            |         | $              605                         



The accompanying notes are an integral part of these financial statements.



6











Your Event, Inc.

(A Development Stage Company)

Notes to the Unaudited Financial Statements

May 31, 2012

(Unaudited)





NOTE 1 - FINANCIAL STATEMENTS



The financial data presented herein is unaudited and should be read
in conjunction with the financial statements and accompanying notes included in the 2011 Annual Report on Form 10-K filed by Your
Event, Inc. (which, unless the context requires otherwise, shall be referred to herein as the “Company”). In the opinion
of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position,
results of operations and cash flows at May 31, 2012 and for all periods presented have been made.



Certain information and footnote disclosures normally included in
financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.
GAAP”) have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with
the financial statements and notes thereto included in the Company's August 31, 2011 audited financial statements. The results
of operations for the periods ended May 31, 2012 and 2011 are not indicative of the operating results for the full year.



NOTE 2 - GOING CONCERN



These condensed financial statements have been prepared in accordance
with U.S. GAAP applicable to a going concern which contemplates the realization of assets and the satisfaction of liabilities and
commitments in the normal course of business. As of May 31, 2012, the Company has not recognized any revenues and has accumulated
operating losses of $566,014 since inception. The Company's ability to continue as a going concern is contingent upon the successful
completion of additional financing arrangements and its ability to achieve profitable operations. Management plans to raise equity
capital to finance the operating and capital requirements of the Company. Amounts raised will be used for the acquisition of business
across several industry sectors through the implementation of well-defined management strategies. While the Company is putting
forth its best efforts to achieve these plans, there is no assurance that any such activity will generate funds that will be available
for operations.



These conditions raise substantial doubt about the Company's ability
to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.







7





Your Event, Inc.

(A Development Stage Company)

Notes to the Unaudited Financial Statements

May 31, 2012

(Unaudited)





NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES



Critical Accounting Policies and Estimates



Revenue Recognition: We recognize revenue from product sales once
all of the following criteria for revenue recognition have been met: pervasive evidence that an agreement exists; the services
have been rendered; the fee is fixed and determinable and not subject to refund or adjustment; and collection of the amount due
is reasonably assured.



Use of Estimates: The preparation of financial statements in conformity
with U.S. GAAP 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. Actual results could differ from those estimates.



NOTE 4 - RECENT ACCOUNTING PRONOUNCEMENTS



The Company has evaluated all recent accounting pronouncements and
believes that none of them will have a material effect on the Company's financial position and results of operations.



NOTE 5 - INCOME TAXES



Deferred income tax assets and liabilities are determined based
on the differences between the financial statement and income tax bases of assets and liabilities that will result in taxable or
deductible amounts in the future, using enacted tax laws and rates in effect for the years in which the differences are expected
to affect taxable income. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount
expected to be realized.



As of May 31, 2012 and August 31, 2011, noncurrent deferred tax
assets, consisting of net operating losses, amounted to approximately $190,000 and $28,000, respectively. The Company has recorded
a full valuation on these deferred tax assets as management estimates not being able to realize these deferred tax assets. The
valuation allowance increased by approximately $149,000 and $22,000 during the nine-month period ended May 31, 2012 and year ended
August 31, 2011, respectively.







8









Your Event, Inc.

(A Development Stage Company)

Notes to the Unaudited Financial Statements

May 31, 2012

(Unaudited)





At May 31, 2012 and August 31, 2011, the Company had no uncertain
tax positions. The Company files income tax returns in the U.S. federal jurisdiction and is subject to examination for tax years
since its inception.



NOTE 6 – RELATED PARTY BALANCES AND TRANSACTIONS



The Company received funding from its majority stockholder to fund
the operating costs of the Company. Advances received from this stockholder amounted to $477,679 as of May 31, 2012.



One officer received compensation in the amount of $9,559 for the
nine months ended May 31, 2012, recorded as operating expenses, related party.



NOTE 7 – SUBSEQUENT EVENTS



The Company has evaluated subsequent events through July 16, 2012,
the date on which the financial statements were available to be issued.





9





Item 2. Management's Discussion and Analysis
of Financial Condition and Results of Operations



Results of Operations



Overview of Current Operations



Your Event, Inc. (the “Company” or the “Registrant”)
was incorporated in the state of Nevada on October 30, 2007. We have not generated any revenue to date and we are a development
stage company. On November 29, 2011, the Board of Directors of Your Event, Inc., appointed seven new directors. Prior to this appointment,
the Board consisted of one member. Subsequent to this, the Board of Directors of Your Event, Inc., appointed new officers, all
of whom are residents of Japan. The new management of the Company is seeking new business focus areas for the Company.



With the appointment of the new officers and
directors, Your Event, Inc., has made a strategic shift in its focus, away from the event planning industry in Las Vegas. The Company
is now an acquisition-oriented company that aims to maximize shareholder value by engaging in the development of assets and/or
the acquisition of businesses across several sectors through the implementation of well-defined management strategies. Headquartered
in Tokyo, the Company is focused on organic growth and expansion through mergers and acquisitions of Japanese companies. In pursuit
of its objectives, Your Event seeks to combine the practical acquisition knowledge of a private equity firm with the management
and operational expertise of seasoned industry veterans.



Our Business



We are a small, start-up company, and since our inception on October
30, 2007, we did not generate any revenues and have incurred a cumulative net loss of $566,014, through May 31, 2012.



The next twelve (12) months is dependent on the direction and execution
of the Company’s future plans of management. The Company requires significant funding to achieve its business objectives
of being able to acquire and manage Japanese businesses.



The analysis of new business opportunities and evaluating new business
strategies will be undertaken by the new majority owner and/or the Company's management. In analyzing prospective businesses opportunities,
the Company will consider, to the extent applicable, the available technical, financial and managerial resources of any given business
venture. Part of the evaluation will also consider the nature of present and expected competition; potential advances in research
and development or exploration; the potential for growth and expansion; the likelihood of sustaining a profit within given time
frames; the perceived public recognition or acceptance of products, services, trade or service marks; name identification; and
other relevant factors.





10





The Company anticipates that the results of operations of a specific
business venture may not necessarily be indicative of the potential for future earnings, which may be impacted by a change in marketing
strategies, business expansion, modifying product emphasis, changing or substantially augmenting management, and other factors.
Management will analyze all relevant factors and make a determination based on a composite of available information, without reliance
on any single factor.



Industry Background



The Company plans for aggressive growth through acquisition and
development by focusing on acquiring companies in Japan. Management will focus their acquisition efforts on value-added acquisitions
of businesses across several sections, which are in need of re-positioning or re-capitalization
in order to achieve desired returns upon project completion, project redevelopment or project repositioning. The Companyprefers
to acquirebusinessesoutright.



Business Strategy



Your Event, Inc. is a developmental stage company. Your Event has
brought together a high quality management team with strategically diverse backgrounds including asset acquisition, business consulting,
beauty, IT and talent management to build a platform of Japanese businesses that allow for greater penetration into the Japanese
market. This team will allow us to move forward as we strive to become the leader in acquiring and managing Japanese growth businesses
that maximize returns for the investors.



Competition



Many of the Company's competitors include other investment companies
seeking to acquire and grow Japanese businesses.



There is no assurance that the Company will be able to compete successfully
against present or future competitors or that competitive pressures faced by the Company will not have a material adverse effect
on the Company.



Your Event, Inc.'s Funding Requirements



We do not have sufficient capital to become fully operational. We
will require additional funding to sustain operations. There is no assurance that we will have revenue in the future or that we
will be able to secure the necessary funding to develop our business. Without additional funding, it is most likely that our business
model will fail, and we shall be forced to cease operations.



The new management of Your Event, Inc. is currently accessing the
funding requirements to build the new Company. Management will seek different funding sources in order to initiate its business
plan.



11





Results of Operations for the Quarter Ended May 31, 2012



As of May 31, 2012, the Company had cash of $605 and prepaid expenses
of $53,977, as compared to cash of $2,309 and $659 in prepaid expenses as of August 31, 2011.



During the three months ended May 31, 2012, the Company had total
expenses of $326,118, as compared to total expenses of $2,181 for the same three-month period ended May 31, 2011. The increase
in expenses is comprised of increases in auditing and accounting fees of $8,000 and operating expenses of $315,937. The net loss
for the three months ended May 31, 2012 was $326,118, as compared to a net loss of $2,181 for the same period last year. Since
inception on October 30, 2007, the Company has incurred total expenses of $566,014 through the period ended May 31, 2012.



Revenues



Since inception on October 30, 2007, the Company has not generated
revenues.



Plan of Operation



Management does not believe that the Company will be able to generate
any significant profit during the fiscal year ending August 31, 2012. The Company's need for capital may change dramatically if
it can generate additional revenues from its operations. In the event the Company requires additional funds, the Company will have
to seek loans or equity placements to cover such cash needs. There are no assurances additional capital will be available to the
Company on acceptable terms.



Future funding could result in potentially dilutive issuances of
equity securities, the incurrence of debt, contingent liabilities and/or amortization expenses related to goodwill and other intangible
assets, which could materially adversely affect the Company's business, results of operations and financial condition. Any future
acquisitions of other businesses, technologies, services or product(s) might require the Company to obtain additional equity or
debt financing, which might not be available on terms favorable to the Company, or at all, and such financing, if available, might
be dilutive.



Going Concern



The Company experienced operating losses of $566,014 since its inception
on October 30, 2007 through the period ended May 31, 2012. The financial statements have been prepared assuming the Company will
continue to operate as a going concern which contemplates the realization of assets and the settlement of liabilities in the normal
course of business. No adjustment has been made to the recorded amount of assets or the recorded amount or classification of liabilities
which would be required if the Company were unable to continue its operations. (See Note 2 to the financial statements.)



12





Summary of Any Product Research and Development That We Will
Perform for the Term of Our Plan of Operation



We do not anticipate performing any additional significant product
research and development under our current plan of operation.



Expected Purchase or Sale of Plant and Significant Equipment



We do not anticipate the purchase or sale of any plant or significant
equipment as such items are not required by us at this time.



Significant Changes in the Number of Employees



As of May 31, 2012, we did not have any employees. We are dependent
upon our officers and directors for our future business development. As our operations expand, we anticipate the need to hire additional
employees, consultants and professionals; however, the exact number is not quantifiable at this time.



Liquidity and Capital Resources



As of May 31, 2012, the Company had current assets of $54,482 and
current liabilities of $484,846. The Company has limited financial resources available, which has had an adverse impact on the
Company's liquidity, activities and operations. These limitations have adversely affected the Company's ability to obtain certain
projects and pursue additional business. Without realization of additional capital, it would be unlikely for the Company to continue
as a going concern. In order for the Company to remain a Going Concern it will need to find additional capital. Additional working
capital may be sought through additional debt or equity private placements, additional notes payable to banks or related parties
(officers, directors or stockholders), or from other available funding sources at market rates of interest, or a combination of
these. The ability to raise necessary financing will depend on many factors, including the nature and prospects of any business
to be acquired and the economic and market conditions prevailing at the time financing is sought. Management has been seeking outside
funding for the Company with little success. The current economic downturn has made it difficult to find new capital sources for
the Company. No assurances can be given that any new financing can be obtained to future the Company's business plan. One officer
received compensation in the amount of $9,559 for the nine months ended May 31, 2012. No other amounts were paid to officers or
directors during this time period.



Off-Balance Sheet Arrangements



We do not have any off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses,
results or operations, liquidity, capital expenditures or capital resources that is material

to investors.





Critical Accounting Policies and Estimates



Revenue Recognition: We recognize revenue from product sales once
all of the following criteria for revenue recognition have been met: pervasive evidence that an agreement exists; the services
have been rendered; the fee is fixed and determinable and not subject to refund or adjustment; and collection of the amount due
is reasonably assured.



Use of Estimates: The preparation of financial statements in conformity
with U.S. GAAP 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. Actual results could differ from those estimates.



13







Item 3. Quantitative and Qualitative Disclosures about Market Risk



Not required for smaller reporting companies.



Item 4T. Controls and Procedures



Evaluation of Disclosure Controls and Procedures



Our disclosure controls and procedures, as defined in Rule 13a-15(e)
and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are designed to ensure that
information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized, and
reported within the time periods specified in rules and forms adopted by the SEC, and that such information is accumulated and
communicated to management, including the Chief Executive Officer and the Chief Financial Officer, to allow timely decisions regarding
required disclosures.



Management, with the participation of the Chief Executive Officer
and the Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the
period covered by this report. Based on such evaluation, the Chief Executive Officer and the Chief Financial Officer concluded
that, our disclosure controls and procedures were not effective. Our disclosure controls and procedures were not effective because
of the "material weaknesses" described below under "Management's report on internal control over financial reporting,"
which are in the process of being remediated as described below under "Management Plan to Remediate Material Weaknesses."



Management's Report on Internal Control over Financial Reporting



Our management is responsible for establishing and maintaining adequate
internal control over financial reporting. Internal control over financial reporting, as defined in rules promulgated under the
Exchange Act, is a process designed by, or under the supervision of, our Chief Executive Officer and Chief Financial Officer and
affected by our Board of Directors, management and other personnel to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with GAAP. Internal control
over financial reporting includes those policies and procedures that:



o pertain to the maintenance of records that in reasonable detail
accurately and fairly reflect

the transactions and dispositions of our assets;



o provide reasonable assurance that transactions are recorded as
necessary to permit preparation

of financial statements in accordance with
GAAP, and that our receipts and expenditures are

being made only in accordance with authorizations
of our management and our Board of

Directors; and



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o provide reasonable assurance regarding prevention or timely detection
of unauthorized

acquisition, use or disposition of our assets
that could have a material effect on our financial

statements





Because of its inherent limitations, a system of internal control
over financial reporting can provide only reasonable, not absolute, assurance that the objectives of the control system are met
and may not prevent or detect misstatements. Internal control over financial reporting is a process that involves human diligence
and compliance and is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over financial
reporting also can be circumvented by collusion or improper override. Because of such limitations, there is a risk that material
misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent
limitations are known features of the financial reporting process, and it is possible to design into the process safeguards to
reduce, though not eliminate, this

risk. Further, over time control may become inadequate because of
changes in conditions or the degree of compliance with the policies or procedures may deteriorate.



Our management assessed the effectiveness of our internal control
over financial reporting as of August 31, 2011. In making its assessment, management used the criteria established in Internal
Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO").
Based on its assessment, management has concluded that we had certain control deficiencies described below that constituted material
weaknesses in our internal controls over financial reporting. As a result, our internal control over financial reporting was not
effective as of August 31, 2011.



A "material weakness" is defined under SEC rules as a
deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility
that a material misstatement of a company's annual or interim financial statements will not be prevented or detected on a timely
basis by the company's internal controls. As a result of management's review of the investigation issues and results, and other
internal reviews and evaluations that were completed after the end of quarter related to the preparation of management's report
on internal controls over financial reporting required for this quarterly report on Form 10-Q, management concluded that we had
material weaknesses in our control environment and financial reporting process consisting of the following:



1) lack of a functioning audit committee due to a lack of a majority
of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight
in the establishment and monitoring of required internal controls and procedures;



We do not believe the material weaknesses described above caused
any meaningful or significant misreporting of our financial condition and results of operations for the fiscal year ended August
31, 2011. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors
on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and
procedures, which could result in a material misstatement in our financial statements in future periods.





15







Management Plan to Remediate Material Weaknesses



Management is pursuing the implementation of corrective measures
to address the material weaknesses described above. In an effort to remediate the identified material weaknesses and other deficiencies
and enhance our internal controls, we have initiated, or plan to initiate, the following series of measures:



The new officers and directors will undertake the oversight in the
establishment and monitoring of required internal controls and procedures such as reviewing and approving estimates and assumptions
made by management.



We believe the remediation measures described above will remediate
the material weaknesses we have identified and strengthen our internal control over financial reporting. We are committed to continuing
to improve our internal control processes and will continue to diligently and vigorously review our financial reporting controls
and procedures. As we continue to evaluate and work to improve our internal control over financial reporting, we may determine
to take additional measures to address control deficiencies or determine to modify, or in appropriate circumstances not to complete,
certain of the remediation measures described above.



Changes in Internal Control over Financial Reporting



There were no changes in our internal control over financial reporting
(as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the most recent fiscal quarter that have
materially affected, or are reasonably likely to materially affect, our internal control over financial

reporting.



This quarterly report does not include an attestation report of
the Corporation's registered public accounting firm regarding internal control over financial reporting. Management's report was
not subject to attestation by the Corporation's registered public accounting firm pursuant to temporary rules of the SEC that permit
the Corporation to provide only the management's report in this quarterly report.



Changes in Internal Controls over Financial Reporting



There was no change in our internal controls over financial reporting
that occurred during the period covered by this report, that has materially affected, or is reasonably likely to materially affect,
our internal controls over financial reporting.





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PART II. OTHER INFORMATION



Item 1 - Legal Proceedings



From time to time, we may become involved in various lawsuits and
legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and
an adverse result in these or other matters may arise from time to time that may harm our business.



We are not presently a party to any material litigation, nor to
the knowledge of management is any litigation threatened against us, which may materially affect us.



Item 1A - Risk Factors



See Risk Factors set forth in Part I, Item 1 of the Company's Annual
Report on Form 10K for the fiscal year ended August 31, 2011 and the discussion in Item 1, above, under "Liquidity and Capital
Resources."



Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds



None.



Item 3 - Defaults upon Senior Securities



None.



Item 4 - Submission of Matters to a Vote of Security Holders



None.





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Item 5 - Other Information



The Board of Directors of Your Event, Inc., appointed new directors
and officers, all of whom are residents of Japan. Prior to this appointment, the Board consisted of one member.



Item 6 - Exhibits



|        |                                                                                                 |                | Incorporated by reference
|------- | ----------------------------------------------------------------------------------------------- | -------------- | -------------------------
|Exhibit | Exhibit Description                                                                             | Filed herewith | Form                     
|        |                                                                                                 |                |                          
|3.1     | Articles of Incorporation, as currently in effect                                               |                | SB-2                     
|3.2     | By-laws
        Corrected By-laws                                                               |                | SB-2                     
|10.1    | Lock-up Agreement of Common Shared dated January 15, 2008                                       |                | S-1                      
|31.1    | Certification of Principal Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act | X              |                          
|31.2    | Certification of Principal Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act | X              |                          
|32.1    | Certification of Principal Executive Officer, pursuant to Section 906 of the Sarbanes-Oxley Act | X              |                          
|32.2    | Certification of Principal Financial Officer, pursuant to Section 906 of the Sarbanes-Oxley Act | X              |                          





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SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.





|                     | Your Event
        Registrant              
|-------------------- | -------------------------------------------
|                     |                                            
|                     |                                            
|Date:  July 16, 2012 | /s/ Masaya Konishi                         
|                     | Name: Masaya Konishi                       
|                     | Title: Chief Executive Officer and Director







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