Rubber bands are released by the ramp of a sharkfin-like releaser.

The indicator of remaining rubber bands.

25 rounds.

I made it with an utility knife only.

It becomes too old.

Takedown.

Trigger and ratchet pawl.

Sliding bolt.
Please watch the video.
<Completion Date> 1979
<Model Name> P201 KAI
<Category> Assault Hand Gun
<Length> 400 MM
<Barrel Length> 205 ~ 340 MM
<Capacity> 25 rounds
<Ammo> #16 Rubber Band (Japan Industrial Standards)
<Action> Semi Auto / Manual-Pseudo-Full-Auto
2001.03.03 UP