10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[ X ]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the period ended March 31, 2012

[     ]   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: 000-32905

AMANASU ENVIRONMENT CORPRATION

(Exact name of registrant as specified in its charter)

Nevada	98-0347883
(State of other jurisdiction of incorporation or organization)	(I.R.S. Eployer Identification No.)

445 Park Avenue Center 10th Floor New York, NY 10022

(Address of principal executive offices)

212-836-4727

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

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 X No

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 the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting copany" in Rule 12b-2 of the Exchange Act.

Large accelerated filer		Accelerated filer
Non-accelerated filer	(Do not check if a smaller reporting company)	Smaller reporting company	X

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes No X

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all docments and reports required to be filed by sections 12, 13, or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes No

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practiable date: 44,000,816 as of November 9, 2011.

AMANASU ENVIRONMENT CORPORATION

QUARTERLY REPORT ON FORM 10-Q

FOR THE PERIOD ENDED JUNE 30, 2011

TABLE OF CONTENTS

Reference	Section Name	Page
PART I
Item 1.	Financial Statements	1
Item 2.	Management's Discussion and Analysis of Financial Conditions and Results of Operations	6
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	9
Item 4.	Controls and Procedures	9
Item 4T.	Controls and Procedures	9
PART II
Item 1.	Legal Proceedings	10
Item 1A.	Risk Factors	10
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3.	Default Upon Senior Securities	10
Item 4.	Submission Of Matters To A Vote Of Security Holders	10
Item 5.	Other Information	10
Item 6.	Exhibits	10
Signatures	Signatures	11

PART I

ITEM 1. FINANCIAL STATEMENTS

The Company's unaudited consolidated financial statements for the three month period ended March 31, 2012 are included with this Form 10-Q. The unaudited financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with generally accepted accounting principles. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the three month period ended March 31, 2012 are not necessarily indicative of the results that can be expected for the year ended December 31, 2012

1

AMANASU ENVIRONMENT CORPORATION and SUBSIDIARY

(A Development Stage Company)

CONSOLIDATED BALANCE SHEETS

	March 31, 2012 (unaudited)			December 31, 2011 (audited)
ASSETS
Current Assets:
Cash	$	17,176		$	9,193
Certificates of deposit		22,000			32,000
Prepaid expenses		2,800			-
Total current assets		41,976			41,193
Fixed Assets:
Automotive equipment		25,859			25,859
Less, accumulated depreciation		25,554			25,110
Net fixed assets		305			749
Other Assets:
Employee advance		2,900			2,900
Due from shareholder		41,206			43,799
Due from officer		14,630			54,681
Total other assets		58,736			101,380
Total Assets	$	101,017		$	143,322
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Short term loans	$	13,371		$	14,212
Accounts payable		5,485			6,297
Accrued expenses		9,354			9,131
Payroll and other taxes payable		26,291			27,945
Total current liabilities		54,501			57,585
Stockholders' Equity:
Common stock: authorized 100,000,000 shares of .001 par value; 44,000,816 issued and outstanding		44,001			44,001
Additional paid in capital		4,693,652			4,693,652
Deficit accumulated during development stage		(814,160	)		(775,154	)
Deficit accumulated prior to development stage		(3,879,122	)		(3,879,122	)
Sub-Total		44,371			83,377
Accumulated other comprehensive income		2,704			1,930
Total Amanasu Environment Corporation stockholders’ equity		47,075			85,307
Non controlling interest		(559	)		430
Total stockholders’ equity		46,516			85,737
Total Liabilities and Stockholders’ Equity	$	101,017		$	143,322

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

2

AMANASU ENVIRONMENT CORPORATION and SUBSIDIARY

(A Development Stage Company)

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Month Periods Ended March 31,

(Unaudited)

	2012			2011			January 1, 2009 (Date of Commencement of Development Stage) to March 31, 2012
Revenue	$	-		$	-		$	-
Expenses		(40,006	)		(38,719	)		(839,703	)
Operating Loss		(40,006	)		(38,719	)		(839,703	)
Other Income:
Interest income		11			211			13,090
Net Loss		(39,995	)		(38,508	)		(826,613	)
Net Loss Attributable to Noncontrolling Interest		989			-			12,453
Net Loss Attributable to Amanasu Environment  Corporation		(39,006	)		(38,508	)		(814,160	)
Other Comprehensive Loss:
Gain (loss) on foreign currency conversion		(774	)		(66	)		7,736
Total Comprehensive Loss	$	(39,780	)		(38,574	)	$	(806,424	)
Net Loss Per Share - basic and diluted	$	-		$	-
Weighted average number of shares outstanding		44,000,816			44,000,816

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

3

AMANASU ENVIRONMENT CORPORATION and SUBSIDIARY

(A Development Stage Company)

STATEMENTS OF CASH FLOWS

For the Three Month Periods Ended March 31,

(Unaudited)

	2012			2011			January 1, 2009 (Date of Commencement of Development Stage) to March 31, 2012
CASH FLOWS FROM OPERATIONS:
Net loss	$	(39,995	)	$	(38,508	)	$	(826,613	)
Adjustments to reconcile net loss to net cash consumed by operating   activities:
Charges not requiring the outlay of cash:
Depreciation		444			444			5,769
Write offs of bad debts		-			-			136,031
Changes in assets and liabilities:
Increase in prepaid expense		(2,800	)		-			(2,800	)
(Decrease) increase in accounts payable and accrued expenses		(589	)		(26,199	)		7,234
(Decrease) increase in taxes payable		(1,654	)		-			18,036
Increase in other advance		-			771			-
Increase in employee loans		-			-			(2,900	)
Net Cash Consumed By Operating Activities		(44,594	)		(63,492	)		(665,243	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash transferred on sale of subsidiary		-			-			(270	)
Redemptions of certificates of deposit		10,000			120,000			674,000
Officer loans		-			-			(68,635	)
Officer repayments		40,051			-			54,860
Advances to shareholder		-			-			(3,212	)
Advances from shareholder		2,593			-			2,593
Advances from affiliate		-			-			1,175
Net Cash Provided By Investing Activities		52,664			120,000			660,511
CASH FLOWS FROM FINANCING ACTIVITIES:
Short term loans		-			-			14,212
Net Cash Provided By Finance Activities		-			-			14,212
Effect on Cash of Exchange Rate Changes		(67	)		(7	)		113
Net Change in Cash Balances		7,983			56,501			9,593
Cash balance, beginning of period		9,193			11,876			7,583
Cash balance, end of period	$	17,176		$	68,377		$	17,176

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

4

AMANASU ENVIRONMENT CORPORATION and SUBSIDIARY

(A Development Stage Company)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2012

(Unaudited)

1.  BASIS OF PRESENTATION

The unaudited interim consolidated financial statements of Amanasu Environment Corporation and Subsidiary ("the Company") as of March 31, 2012 and 2011 and for the three month periods ended March 31, 2012 and 2011, have been prepared in accordance with accounting principles generally accepted in the United States of America.  In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods.  The results of operations of the three month period ended March 31, 2012 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2012.

Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading.  The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company included in the annual report on Form 10-K for the year ended December 31, 2011.

2.  SUPPLEMENTAL CASH FLOWS INFORMATION

There were no cash payments for interest or income taxes during either of the periods presented.  In addition, there were no non-cash investing or financing activities during these periods.

3.  GOING CONCERN UNCERTAINTY

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the financial statements, the Company had an accumulated deficit at March 31, 2012, and a record of continuing losses.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.

4.  EXPENSES

Major items included in expense are presented below.

	THREE MONTH PERIODS
	2012		2011
Consulting fees	$	-	$	6,300
Travel		13,487		12,204
Rent		19,259		19,681

5.  RELATED PARTY TRANSACTIONS

During the three month period ended March 31, 2012 the Company received payment totaling $38,630 of the amount due from an officer of the Company.

5

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Form 10Q contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-KSB and other filings made by such company with the United States Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

The following discussion should be read in conjunction with the Company's Financial Statements, including the Notes thereto, appearing elsewhere in this Quarterly Report and in the Annual Report for the year ended December 31, 2011.

COMPANY OVERVIEW

History

Amanasu Environment Corporation ("Company") was incorporated in the State of Nevada on February 22, 1999 under the name of Forte International Inc. On March 27, 2001, the Company's name was changed to Amanasu Energy Corporation, and on November 13, 2002, its name was changed to Amanasu Environment Corporation.

It has acquired the exclusive, worldwide license rights to a high temperature furnace, a hot water boiler, and ring-tube desalination methodology. At this time, the Company is not engaged in the commercial sale of any of its licensed technologies. Its operations to date have been limited to acquiring the technologies, conducting limited product marketing, and testing the technologies for commercial sale. For each such technology, proto-type or demonstrational units have been constructed by each licensor or inventor of the technology. The Company has conducted various internal tests on these units to determine the commercial viability of the underlying technologies. As a result of such testing, the Company believes that the products are not commercially ready for sale, and that product refinements are necessary with respect to each of the technologies. In addition, the Company may seek joint venture or other affiliations with companies competitive in each respective product market whereby the Company can capitalize on the existing infrastructure of such other companies, such as product design and engineering, marketing and sales, and warranty and post-warranty service and repair. The Company believes that its marketing efforts to sell any of its products will be limited until such time as it can complete the refinements of its technologies. The Company can not predict whether it will be successful in developing commercial products, or establishing affiliations with any operating company.

On June 8, 2000, the Company obtained the exclusive, worldwide license to a technology that disposes of toxic and hazardous wastes through a proprietary, high temperature combustion system, known as the Amanasu Furnace. The rights were obtained pursuant to a license agreement with Masaichi Kikuchi, the inventor of the technology, for a period of 30 years. The Company issued 1,000,000 share of common stock to the inventor and 200,000 shares of common stock to a director of the inventor's company. Under the licensing agreement; the Company is required to pay the licensor a royalty of two percent of the gross receipts from the sale of products using the technology. If the Company fails to comply with any provision of the agreement after a 90-day notice period, the licensor may terminate the agreement.

Effective September 30, 2002, the Company obtained the exclusive, worldwide license to a hot water boiler technology that incinerates waste tires in a safe and non-polluting manner and extracts heat energy from the incineration process. The rights were obtained pursuant to a license agreement with Sanyo Kogyo Kabushiki Gaisha and Ever Green Planet Corporation, both Japanese companies, for a period of 30 years. As consideration for this acquisition, the Company paid the licensors $250,000, of which the Company's President paid $95,000, issued to them 600,000 shares of common stock, and issued to an affiliate of the licensors 50,000 shares of common stock. The licensors are entitled to receive a two percent royalty on the gross receipts from the sale of the products related to the technology. If the Company fails to comply with any provision of the agreement after a 90-day notice period, the licensor may terminate the agreement.

On June 30, 2003, the Company acquired the exclusive worldwide rights to produce and market a patented technology that purifies seawater, and removes hazardous pollutants from wastewater. The rights were obtained pursuant to a license agreement with Etsuro Sakagami, the inventor, for a period of 30 years. As consideration for obtaining the license, the Company issued 1,000,000 shares to the inventor, and 50,000 shares to a finder. The licensor is entitled to receive a two percent royalty on the gross receipts from the sale of the products related to the technology. If the Company fails to comply with any provision of the agreement after a 90-day notice period, the licensor may terminate the agreement.

6

Current

During the fiscal year ended December 31, 2008, Chairman & Chief Executive Officer Atsushi Maki, set a future capital raising goal of $30,000,000 to increase the Company's potential by entering into the NASDAQ global market. The Company's main objective has not changed for the coming fiscal year ending December 31, 2011.

Aside from capital raising efforts, the company continues to support Amanasu Maritech Corporation in development and required regulatory approval for Commercial Cargo Ship Ballast Water Purification System. The Company and Amanasu Maritech Corporation are currently working through the approval process of this type of product with the Japanese regulatory bodies. Also required documentation, and translations are being prepared for additional approval by the main global governing body for marine technologies, IMO the International Marine Organization. The Company also continues to look for partners and interested parties to further develop existing business' and technolgies acquired by Amanasu Maritech Corporation, the Company's child company.

The Company's principal offices were relocated on April 1, 2010 from 115 East 57th Street 11th Floor New York, NY 10022, to 445 Park Avenue Center 10th floor New York, NY 10022 Telephone: 212-836-4727.  The Tokyo branch has relocated from 1-3-38 Roppongi, Minatoku, Tokyo, 106-0032, Japan to 1-7-10 Motoakasaka Building 9th Floor Motoakasaka Minato-Ku Tokyo Telephone: 03-5413-7322.

The Company is concentrating its efforts into Amanasu Maritech Corporation, and as a result will not put further resources into Amanasu Maritech Corporation's child companies Amanasu Echo Frontier, Amanasu Energy, Petstyle, Amanasu Project Support, and BJSS during the fisical year ending December 31, 2012.

PRODUCTS

Currently the Company is supporting Amanasu Maritech Corporation in development and required regulatory approval for a Commercial Cargo Ship Ballast Water Purification System. No licensing agreements with partners have been made at this time, as the Company is also in the process of raising capital for this project. Currently the company is negotiating with its partners for a worldwide manufacturing and sales agreement. The Company cannot guarantee if the negotiations will succeed, or

7

PLAN OF OPERATION

The Company has 3 main objectives during the fiscal year ending December 31, 2012. Firstly, the Company will continue in its goal to meet the capital objective of $30,000,000. Currently the company is exploring various potential investment partners in Japan, as well as China. The Company cannot predict whether it will be successful with its objective.

Secondly the Company will continue to support Amanasu Maritech Corporation's efforts on entering into marine technologies. The Company will assist for another 2 years in the design, and approval process for the product from at least 2 regulatory bodies: the Japanese Government, and the IMO (International Marine Organization). This approval process requires capital for additional product testing, documentation, and documentation translations. The Company believes that Amanasu Maritech Corporation's most significant hurdle will be in capital raising. The Company has already initiated documentation and application processes, and is now looking for capital to fund the project. The Company cannot predict whether it will be successful with its capital raising efforts.

Thirdly, the Company is making plans to enter the reforestation industry in Japan, through Amanasu Maritech Coporation. The Company must first reach an agreement with the relevant government agencies in Japan. The Company intends to focus on the prefectures of Miyagi, Iwate and Niigata and begin operations within 12 months. The Company cannot predict whether it will be successful with its objective.

FINANCIAL RESULTS

Total Current Assets as of March 31, 2012 was $41,976, compared to $41,193 as of December 31, 2011. The increase is primarily due to a repayment of $38,630 by a company officer.

Total Other Assets as of March 31, 2012 was $58,736, compared to $101,380 as of December 31, 2011. The decrease is due primarily to the receipt of repayments of advances to an officer of the Company.

Interest Income for the quarter ended March 31, 2012 was $ 11, compared to $ 211 for the same period of 2011. The decrease is due primarily to the decrease in interest rates during 2010 as well as the decreased balance in certificates of deposit.

The net loss for the three month period ended March 31, 2012 was $39,995, compared to $38,508 for the same period of 2011.  The increased loss is primarily due to an increase in travel and office expense with a decrease in consulting fees.

8

LIQUIDITY AND CAPITAL RESOURCES

Other than the provision of alternating business planning costs discussed above, the Company's cash requirements for the next 12 months are estimated to be $165,000. This amount is comprised of the following estimate expenditures: $100,000 in annual salaries for office personnel, office expenses and travel, $30,000 for rent, $20,000 for professional fees, and $15,000 for miscellaneous expenses. There are no material commitments for capital at this time other than as described above. The Company and/or Amanasu Maritek will need to issue and sell shares to gain capital for operations.

OFF-BALANCE SHEET ARRANAGEMENTS

The Company has no off-balance sheet arrangements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not Applicable.

ITEM 4. CONTROLS AND PROCEDURES

The Company carried out an evaluation of the effectiveness of the Company's disclosure controls and procedures (as defined by Rule 13a-15(e) under the Securities Exchange Act of 1934) under the supervision and with the participation of the Company's Chief Executive Officer and Chief Financial Officer as of a date within 90 days of the filings date of Form 10Q. Based on and as of the date of such evaluation, the aforementioned officers have concluded that the Company's disclosure controls and procedures have functioned effectively so as to provide information necessary whether:

(i) this quarterly report on Form 10 Q contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report on Form 10 Q, and (ii) the financial statements, and other financial information included in this quarterly report on Form 10 Q, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this quarterly report on Form 10 Q.

ITEM 4T. CONTROLS AND PROCEDURES

CHANGES IN INTERNAL CONTROLS

There have been no significant changes in the Company's internal controls or in other factors since the date of the Chief Executive Officer's, Chief Financial Officer's and Chief Accounting Officer's evaluation that could significantly affect these internal controls, including any corrective actions with regards to significant deficiencies and material weaknesses.

9

PART II

ITEM 1. LEGAL PROCEEDINGS

None.

ITEM 1A. RISK FACTORS

None.

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.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

Furnish the Exhibits required by Item 601 of Regulation S-K (229.407 of this chapter).

Exhibit 31	Certification Pursuant To Section 302 Of The Sarbanes-Oxley Act Of 2002.
Exhibit 32	Certification Pursuant To Section 906 Of The Sarbanes-Oxley Act Of 2002.
101 INS	XBRL Instance Document*
101 SCH	XBRL Schema Document*
101 CAL	XBRL Calculation Linkbase Document*
101 DEF	XBRL Definition Linkbase Document*
101 LAB	XBRL Labels Linkbase Document*
101 PRE	XBRL Presentation Linkbase Document*

*           The XBRL related information in Exhibit 101 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.

10

SIGNATURES

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

Amanasu Environment Corporation

Date: May 18, 2012

/s/ Atsushi Maki

Atsushi Maki

Chief Executive Officer

Chief Financial Officer

Chief Accounting Officer

11

EX-31

Exhibit 31

AMANASU ENVIRONMENT CORPORATION

Certification of Chairman and Chief Executive Officer

Pursuant to Rule 13a-14(a) of the Exchange Act

As Adopted Pursuant to

Section 302 of the Sarbanes-Oxley Act of 2002

I, Atsushi Maki, certify that:

1.   I have reviewed this quarterly report on Form 10-Q of Amanasu Environment Corporation;

2.   Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4.   I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

a.   Designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;

b.   Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c.   Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d.   d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;

5.   I have disclosed, based on our most recent evaluation, to the registrant's auditors and registrant's board of directors:

a.   All significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and

b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and

6.   I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Dated: May 15, 2012

By: /s/ Atsushi Maki

Atsushi Maki

Chairman & Chief Executive Officer

Chief Financial Officer

EX-32

Exhibit 32

AMANASU ENVIRONMENT CORPORATION

Certification of Chairman and Chief Executive Officer

Pursuant to 18 U.S.C. Section 1350,

As Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned officer of the registrant certifies, to the best of his knowledge, that the registrant's Quarterly Report on Form 10Q for the period ended March 31, 2012 (the "Form 10Q") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that the information contained in the Form 10Q, fairly presents, in all material respects, the financial condition and results of operations of the registrant.

Dated: May 15, 2012

By: /s/ Atsushi Maki

Atsushi Maki

Chairman & Chief Executive Officer

Chief Financial Officer

XML

EXPENSES

3 Months Ended

Mar. 31, 2012

Other Income and Expenses

Other Income and Other Expense Disclosure [Text Block]

4.  EXPENSES

Major items included in expense are presented below.

	THREE MONTH PERIODS
		2012		2011
Consulting fees	$	-	$	6,300
Travel		13,487		12,204
Rent		19,259		19,681

XML

GOING CONCERN UNCERTAINTY

3 Months Ended

Mar. 31, 2012

Organization, Consolidation and Presentation of Financial Statements

Liquidity Disclosure [Policy Text Block]

3.  GOING CONCERN UNCERTAINTY

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the financial statements, the Company had an accumulated deficit at March 31, 2012, and a record of continuing losses.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.

XML

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2012	Dec. 31, 2011
Current Assets:
Cash	$ 17,176	$ 9,193
Certificates of deposit	22,000	32,000
Prepaid expenses	2,800
Total current assets	41,976	41,193
Fixed Assets:
Automotive equipment	25,859	25,859
Less, accumulated depreciation	25,554	25,110
Net fixed assets	305	749
Employee advance	2,900	2,900
Due from shareholder	41,206	43,799
Due from officer	14,630	54,681
Total other assets	58,736	101,380
Total Assets	101,017	143,322
Short term loans	13,371	14,212
Accounts payable	5,485	6,297
Accrued expenses	9,354	9,131
Payroll and other taxes payable	26,291	27,945
Total current liabilities	54,501	57,585
Common stock: authorized 100,000,000 shares of .001 par value; 44,000,816 issued and outstanding	44,001	44,001
Additional paid in capital	4,693,652	4,693,652
Deficit accumulated during development stage	(814,160)	(775,154)
Deficit accumulated prior to development stage	(3,879,122)	(3,879,122)
Sub-Total	44,371	83,377
Accumulated other comprehensive income	2,704	1,930
Total Amanasu Environment Corporation stockholders' equity	47,075	85,307
Non controlling interest	(559)	430
Total stockholders' equity	46,516	85,737
Total Liabilities and Stockholders' Equity	$ 101,017	$ 143,322

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BASIS OF PRESENTATION

3 Months Ended

Mar. 31, 2012

Organization, Consolidation and Presentation of Financial Statements

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1.  BASIS OF PRESENTATION

The unaudited interim consolidated financial statements of Amanasu Environment Corporation and Subsidiary ("the Company") as of March 31, 2012 and 2011 and for the three month periods ended March 31, 2012 and 2011, have been prepared in accordance with accounting principles generally accepted in the United States of America.  In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods.  The results of operations of the three month period ended March 31, 2012 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2012.

Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading.  The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company included in the annual report on Form 10-K for the year ended December 31, 2011.

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SUPPLEMENTAL CASH FLOWS INFORMATION

3 Months Ended

Mar. 31, 2012

Statement of Cash Flows, Supplemental Disclosures

Cash Flow, Supplemental Disclosures [Text Block]

2.  SUPPLEMENTAL CASH FLOWS INFORMATION

There were no cash payments for interest or income taxes during either of the periods presented.  In addition, there were no non-cash investing or financing activities during these periods.

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CONSOLIDATED BALANCE SHEETS PARENTHETICAL (USD $)	Mar. 31, 2012	Dec. 31, 2011
Common stock shares authorized	100,000,000	100,000,000
Common stock shares par value	$ 0.001	$ 0.001
Common stock shares issued	44,000,816	44,000,816
Common stock shares outstanding	44,000,816	44,000,816

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Document and Entity Information	3 Months Ended
	Mar. 31, 2012	May 18, 2012
Document and Entity Information
Entity Registrant Name	AMANASU ENVIRONMENT CORP
Document Type	10-Q
Document Period End Date	Mar. 31, 2012
Amendment Flag	false
Entity Central Index Key	0001142801
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		44,000,816
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q1

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		39 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Revenue
Expenses	(40,006)	(38,719)	(839,703)
Operating Loss	(40,006)	(38,719)	(839,703)
Interest income	11	211	13,090
Net Loss	(39,995)	(38,508)	(826,613)
Net Loss Attributable to Noncontrolling Interest	989		12,453
Net Loss Attributable to Amanasu Environment Corporation	(39,006)	(38,508)	(814,160)
Other Comprehensive Loss:
Gain (loss) on foreign currency conversion	(774)	(66)	7,736
Total Comprehensive Loss	$ (39,780)	$ (38,574)	$ (806,424)
Weighted average number of shares outstanding	44,000,816	44,000,816

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended		39 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Net loss	$ (39,995)	$ (38,508)	$ (826,613)
Adjustments to reconcile net loss to net cash consumed by operating activities:
Depreciation	444	444	5,769
Write offs of bad debts			136,031
Changes in assets and liabilities:
Increase in prepaid expense	(2,800)		(2,800)
(Decrease) increase in accounts payable and accrued expenses	(589)	(26,199)	7,234
(Decrease) increase in taxes payable	(1,654)		18,036
Increase in other advance		771
Increase in employee loans			(2,900)
Net Cash Consumed By Operating Activities	(44,594)	(63,492)	(665,243)
Cash transferred on sale of subsidiary			(270)
Redemptions of certificates of deposit	10,000	120,000	674,000
Officer loans			(68,635)
Officer repayments	40,051		54,860
Advances to shareholder			(3,212)
Advances from shareholder	2,593		2,593
Advances from affiliate			1,175
Net Cash Provided By Investing Activities	52,664	120,000	660,511
Short term loans			14,212
Net Cash Provided By Finance Activities			14,212
Effect on Cash of Exchange Rate Changes	(67)	(7)	113
Net Change in Cash Balances	7,983	56,501	9,593
Cash balance, beginning of period	9,193	11,876
Cash balance, end of period	$ 17,176	$ 68,377	$ 17,176

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RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2012

Related Party Disclosures

Related Party Transactions Disclosure [Text Block]

5.  RELATED PARTY TRANSACTIONS

During the three month period ended March 31, 2012 the Company received payment totaling $38,630 of the amount due from an officer of the Company.