Financing ·
Tokyo Lifestyle raises JPY568.8M via cash subscription and debt-to-equity swap
TKLFTokyo Lifestyle Co., Ltd.
Tokyo Lifestyle Co., Ltd. completed the issuance of 13,503,648 ordinary shares on September 29, 2026, through a cash subscription and debt-to-equity swap totaling JPY568,838,000 (approximately US$3.7 million). Representative Director Mei Kanayama contributed JPY58,838,000 in cash for 1,396,755 shares, while Tokushin G.K., an entity owned by Mr. Kanayama and his family, converted a JPY510,000,000 loan receivable into 12,106,893 shares. The transaction extinguished the entire loan principal, reducing outstanding debt and strengthening the company's capital structure. Post-transaction, the Company had 55,831,454 ordinary shares issued and outstanding. Tokyo Lifestyle Co., Ltd. operates as a retailer and wholesaler of beauty, health, luxury, electronic products, collectible cards, and trendy toys across multiple international markets.