The IKAZ03 features an alder body bolted to an S-Tech roasted maple oval C shaped neck with an S-Tech roasted maple fingerboard with 22 stainless steel frets, black dot position markers and Luminlay side dots. Components include white Seymour Duncan Hyperion pickups mounted in a black pickguard with a humbucker at the bridge and single-coils in the neck and middle positions, a T1802 two-point synchronized tremolo bridge with titanium saddles made by Gotoh, an oil-impregnated bone nut, an angled output jack and Gotoh locking tuning machines with height-adjustable posts.
The IKAZ03 employs a dyna-MIX9 switching system (see diagram below) with an "Alter switch" toggle which allows the user to access nine distinct tones. The Alter switch allows the player to access two modes with the single coils connected in series creating a tone similar to a second humbucker.
The AZ2204 is a similar regular production model with different finishes and a white pearloid pickguard. The IKAZ01 is a similar model with a vintage white finish, white pearloid pickguard and black pickups and knobs. The IKAZ02 is a similar model without a pickguard and with a white finish. The IKAZ04 is a double humbucker version released at the same time.