**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

| x  | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

| o  | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------|

**Caibs      International Holding Inc.**

| Delaware                                                     |                                                |
|--------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation | (I.R.S.                Employer Identification No.) |
| or                organization)                         |                                                |
|                                                         |                                                |

|   |
|--------|

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**Caibs      International Holding Inc.**

**(a      development stage company)**

**FINANCIAL      STATEMENTS**

**INDEX**

**Part      I-- FINANCIAL INFORMATION**

|   |                                                                                                        |
|--------|-------------------------------------------------------------------------------------------------------------|
|   | Item                  1. Financial Statements                                                               |
|   |                                                                                                        |
|   | Item                  2. Management’s Discussion and Analysis of Financial                  Condition |
|   |                                                                                                        |
|   | Item                  3. Control and Procedures                                                             |

**Part        II-- OTHER INFORMATION**

|   | Item                  1. Legal Proceedings                                   |
|--------|------------------------------------------------------------------------------|
|   |                                                                         |
|   | Item                  2. Changes in Securities                               |
|   |                                                                         |
|   | Item                  3. Defaults Upon Senior Securities                     |
|   |                                                                         |
|   | Item                  4. Submission of Matters to a Vote of Security Holders |
|   |                                                                         |
|   | Item                  5. Other Information                                   |
|   |                                                                         |
|   | Item                  6. Exhibits and Reports on Form 8-K                    |
|   |                                                                         |

|   |
|--------|

----

**Item      1. Financial Information**

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(A      DEVELOPMENT STAGE COMPANY)**

**FINANCIAL      STATEMENTS**

**AS      OF OCTOBER 31, 2005**

| FINANCIAL                STATEMENTS                         | Page                # |
|-------------------------------------------------------------|-----------------------|
|                                                        |                  |
| Balance                Sheet                                | 1                     |
|                                                        |                  |
| Statement                of Operations and Retained Deficit | 2                     |
|                                                        |                  |
| Statement                of Stockholders Equity             | 3                     |
|                                                        |                  |
| Cash                Flow Statement                          | 4                     |
|                                                        |                  |
| Notes                to the Financial Statements            | 5-7                   |

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(a      development stage company)**

**BALANCE      SHEET**

**As      of July 31, 2005**

|                                                    |   |                                |   |
|---------------------------------------------------------|--------|-------------------------------------|--------|
| **ASSETS**                                              |   |                                |   |
|                                                    |   |                                |   |
| CURRENT                ASSETS                           |   | **October                31, 2005** |   |
| Cash                                                    |   | $                                   | 0      |   |
|                                                    |   |                                |        |   |
| TOTAL                ASSETS                             |   | $                                   | 0      |   |
|                                                    |   |                                |        |   |
| **LIABILITIES                AND STOCKHOLDER'S EQUITY** |   |                                |        |   |
|                                                    |   |                                |        |   |
| CURRENT                LIABILITIES                      |   |                                |        |   |
|                                                    |   |                                |        |   |
| Accrued                expenses                         |   | $                                   | 1,125  |   |
|                                                    |   |                                |        |   |
| TOTAL                LIABILITIES                        |   |                                | 1,125  |   |
|                                                    |   |                                |        |   |
| STOCKHOLDER'S                EQUITY                     |   |                                |        |   |
|                                                    |   |                                |        |   |
| Common                Stock - par value $0.001;         |   |                                |        |   |
| 100,000,000                shares authorized;           |   |                                |        |   |
| 100,000                issued and outstanding           |   |                                | 100    |   |
|                                                    |   |                                |        |   |
| Additional                paid in capital               |   |                                | 0      |   |
|                                                    |   |                                |        |   |
| Accumulated                Deficit                      |   |                                | (1,225 | ) |
|                                                    |   |                                |        |   |
| Total                stockholder's equity               |   |                                | (1,225 | ) |
|                                                    |   |                                |        |   |
| TOTAL                LIABILITIES AND EQUITY             |   | $                                   | 0      |   |
|                                                    |   |                                |        |   |

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(a      development stage company)**

**STATEMENT      OF OPERATIONS**

**For      the three months ended October 31, 2005 and**

**From      inception (February 2, 2005) through October 31, 2005**

|                                                  |   |                                                               |   |                                                                    |   |
|-------------------------------------------------------|--------|--------------------------------------------------------------------|--------|-------------------------------------------------------------------------|--------|
|                                                  |   | **Three                Months****October                31, 2005** |   | **From                Inception to****October                31, 2005** |   |
|                                                  |   |                                                               |   |                                                                    |   |
| REVENUE                                               |   |                                                               |   |                                                                    |   |
|                                                  |   |                                                               |   |                                                                    |   |
| Sales                                                 |   | $                                                                  | 0      |                                                                    | $      | 0 |   |
| Cost                of sales                          |   |                                                               | 0      |                                                                    |   | 0 |   |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| GROSS                PROFIT                           |   |                                                               | 0      |                                                                    |   | 0 |   |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| GENERAL                AND ADMINISTRATIVE EXPENSES    |   |                                                               | 250    |                                                                    |   | 1,225 |   |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| NET                LOSS                               |   |                                                               | (250   | )                                                                       |   | (1,225 | ) |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| ACCUMULATED                DEFICIT, BEGINNING BALANCE |   |                                                               | (975   | )                                                                       |   | (0 | ) |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| ACCUMULATED                DEFICIT, ENDING BALANCE    |   | $                                                                  | (1,225 | )                                                                       | $      | (1,225 | ) |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| NET                EARNINGS PER SHARE                 |   |                                                               |        |                                                                    |   |  |   |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| Basic                Net Loss Per Share               |   |                                                               |        |                                                                    |   | (Less                than .01 | ) |
|                                                  |   |                                                               |        |                                                                    |   |  |   |
| Basic                Weighted Average                 |   |                                                               |        |                                                                    |   |  |   |
| Number                of Common Shares Outstanding    |   |                                                               |        |                                                                    |   | 100,000 |   |
|                                                  |   |                                                               |   |                                                                    |   |   |   |

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(a      development stage company)**

**STATEMENT      OF STOCKHOLDER'S EQUITY From inception**

**(February      2, 2005) through October 31, 2005**

|                                                                                                                   |   |       |                                                               |                            |   |                                                                           |   |      |   |
|------------------------------------------------------------------------------------------------------------------------|--------|------------|--------------------------------------------------------------------|---------------------------------|--------|--------------------------------------------------------------------------------|--------|-----------|--------|
|                                                                                                              |   | **SHARES** |                                                               | **COMMON                STOCK** |   | **ACCUMULATED                DEFICIT**                                         |   | **TOTAL** |   |
|                                                                                                                   |   |       |                                                               |                            |   |                                                                           |   |      |   |
| Stock                    issued on acceptanceOf                  incorporation expensesFebruary                2, 2005 |   |       | 100,000                                                            |                            | $      | 100                                                                            |   | $         | 0      |   | $ | 100 |   |
|                                                                                                                   |   |       |                                                                    |                            |   |                                                                                |   |      |        |   |   |  |   |
| Net                loss                                                                                                |   |       |             |                            |   |               |   |      | (1,225 | ) |   | (1,225 | ) |
| Total                at October 31, 2005                                                                               |   |       | 100,000                                                            |                            | $      | 100                                                                            |   | $         | (1,225 | ) | $ | (1,125 | ) |
|                                                                                                                   |   |       |                                                                    |                            |   |                                                                                |   |      |        |   |   |  |   |

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(a      development stage company)**

**STATEMENT      OF CASH FLOWS**

**From      inception (February 2) through October 31, 2005**

|                                                     |   |                                                            |   |
|----------------------------------------------------------|--------|-----------------------------------------------------------------|--------|
| CASH                FLOWS FROM OPERATING ACTIVITIES      |   | From                Inception toOctober                31, 2005 |   |
|                                                     |   |                                                            |   |
| Net                income (loss)                         |   | $                                                               | (1,225 | ) |
|                                                     |   |                                                            |        |   |
| Stock                issued as compensation              |   |                                                            | 100    |   |
| Increases                (Decrease) in accrued expenses  |   |                                                            | 1,125  |   |
|                                                     |   |                                                            |        |   |
| NET                CASH PROVIDED OR (USED) IN OPERATIONS |   |                                                            | 0      |   |
|                                                     |   |                                                            |        |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES      |   |                                                            |        |   |
|                                                     |   |                                                            |        |   |
| None                                                     |   |                                                            | 0      |   |
|                                                     |   |                                                            |        |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES      |   |                                                            |        |   |
|                                                     |   |                                                            |        |   |
| Stock                issued on incorporation expenses    |   |                                                            | 0      |   |
|                                                     |   |                                                            |        |   |
| CASH                RECONCILIATION                       |   |                                                            |        |   |
|                                                     |   |                                                            |        |   |
| Net                increase (decrease) in cash           |   |                                                            | 0      |   |
| Beginning                cash balance                    |   |                                                            | 0      |   |
|                                                     |   |                                                            |        |   |
| CASH                BALANCE AT END OF PERIOD             |   | $                                                               | 0      |   |
|                                                     |   |                                                            |        |   |

|   |
|--------|

----

**Caibs      International Holding Inc.**

**(a      development stage company)**

**NOTES      TO FINANCIAL STATEMENTS**

| **1.** |   | **Summary                of significant accounting                policies:** |
|--------|--------|-------------------------------------------------------------------------------|

|   |
|--------|

----

| **2.** |   | **Related                Party Transactions and Going Concern**: |
|--------|--------|------------------------------------------------------------------|

| **3.** |   | **Accounts                Receivable and Customer                Deposits:** |
|--------|--------|------------------------------------------------------------------------------|

|   |
|--------|

----

| **4.** |   | **Use                of Estimates:** |
|--------|--------|--------------------------------------|

| **5.** |   | **Revenue                and Cost Recognition:** |
|--------|--------|--------------------------------------------------|

| **6.** |   | **Accrued                Expenses:** |
|--------|--------|--------------------------------------|

| **7.** |   | **Operating                Lease Agreements:** |
|--------|--------|------------------------------------------------|

| **8.** |   | **Stockholder's                Equity**: |
|--------|--------|------------------------------------------|

| **9.** |   | **Required                Cash Flow Disclosure for Interest and Taxes                Paid:** |
|--------|--------|----------------------------------------------------------------------------------------------|

| **10. **  |   | **Earnings              Per Share:**  |
|---------------------|--------|--------------------------------------------|

| **11.**  |   | **Subsequent              Event:**  |
|---------------|--------|------------------------------------------|

|   |
|--------|

----

| **Item                  2.** |   | **Management's                  Discussion and Analysis of Financial Conditions and Results****of                  Operations** |
|------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

----

| **Item                3.** |   | **Controls                and Procedures** |
|----------------------------|--------|--------------------------------------------|

| *(a)* | *Evaluation                of disclosure controls and                procedures.* |
|-------|-----------------------------------------------------------------------------------|

| *(b)* | *Changes                in internal controls.* |
|-------|------------------------------------------------|

**PART      II - OTHER INFORMATION**

| Item                1. | Legal                Proceedings. |
|------------------------|-----------------------------------|

| Item                2. | Changes                in Securities. |
|------------------------|---------------------------------------|

|   | None |
|--------|------|

| Item                3. | Defaults                Upon Senior Securities. |
|------------------------|-------------------------------------------------|

|   | None |
|--------|------|

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

| Item                5. | Other                Information. |
|------------------------|-----------------------------------|

|   | None |
|--------|------|

|   |
|--------|

----

| Item                6. | Exhibits                and Reports of Form 8-K. |
|------------------------|--------------------------------------------------|

|   | (a)       | Exhibits                                                                                    |
|--------|-----------|---------------------------------------------------------------------------------------------|
|   |      |                                                                                        |
|   |      | 31.1 Certification              pursuant to Section 302 of Sarbanes Oxley Act of 2002  |
|   |      |                                                                                        |
|   |      | 32.1 Certification              pursuant to Section 906 of Sarbanes Oxley Act of 2002  |
|   |      |                                                                                        |
|   | (b)  | Reports                of Form 8-K                                                     |
|   |      |                                                                                        |
|   |      | None                                                                                   |
|   |      |                                                                                        |

**SIGNATURES**

|                                 |                                                                                        |                                              |
|--------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------|
|                                 | **Caibs                Interntional Holding Inc.**Registrant                                |
|                            |                                                                                   |                                         |
| Date:              December 13, 2005 | By:                                                                               | */s/*               *Lord Dr. Masaaki Okawa* |
|                                 | Lord              Dr. Masaaki Okawa                                                         |
|                                 | President,                Chief Executive Officerand                Chief Financial Officer |

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