Dividends & Buybacks ·
Tokyo Lifestyle proposes JPY1.432 per share dividend and JPY284M capital reduction
TKLFTokyo Lifestyle Co., Ltd.
Tokyo Lifestyle Co., Ltd. has sent a notice to shareholders for an Extraordinary General Meeting on November 30, 2026, seeking approval for a proposed cash dividend of JPY1.432 per ordinary share and a reduction of stated capital by JPY284,419,000. The capital reduction would lower the company's stated capital from JPY294,419,000 to JPY10,000,000, with the entire amount transferred to capital reserve. Both proposals are subject to shareholder approval and applicable creditor protection procedures under Japanese law. The dividend has a record date of October 30, 2026, with payments expected between December 18 and December 30, 2026. The capital reduction is expected to become effective on December 11, 2026. Tokyo Lifestyle Co., Ltd. operates in the lifestyle retail industry.