SCHEDULE 13G 0002068546 XXXXXXXX LIVE American Depositary Shares 01/16/2025 0002018462 PicoCELA Inc. 71989C109 2-34-5 Ningyocho, SANOS Building, Nihonb Tokyo M0 103-0013 Rule 13d-1(d) EXEO Group Inc. M0 1727820.00 0.00 0.00 0.00 1727820.00 N 7.0 CO FI PicoCELA Inc. 2-34-5 Ningyocho, SANOS Building, Nihonbashi, Chuo-ku Tokyo, M0, 103-0013 Exeo Group Inc. 29-20 Shibuya 3-chome, Shibuya-ku Tokyo 150-0002, Japan Japan Y 1,727,820 7.00 1,727,820 0 0 0 Y Y Y Y Y Y EXEO Group Inc. /s/ Funabashi Tetsuya 05/15/2025