TKLF

New Store Opening: Tokyo Lifestyle Co., Ltd. plans to open a new store under its "Reiwatakiya" brand in Toronto, Canada, in mid-May 2025, aiming to enhance its market presence in North America.

Strategic Expansion: The company emphasizes its commitment to quality and customer satisfaction while targeting younger, trend-conscious consumers in Canada, as part of its long-term global expansion strategy.

Investor Engagement Opportunity: Tokyo Lifestyle Co., Ltd. will participate in one-on-one meetings with investors at the D. Boral Capital Inaugural Global Conference on May 14, 2025, in New York City, aiming to share its business story with a wide network of investors.

Company Overview: Tokyo Lifestyle is a retailer and wholesaler of various products including beauty, health, luxury, and electronic items, operating in markets such as Hong Kong, Japan, North America, and the UK, and sells through physical and online stores as well as franchise and wholesale channels.

Company Investment Announcement: Tokyo Lifestyle Co., Ltd. announced that its Representative Director, Mr. Mei Kanayama, purchased 110,784 American Depositary Shares, reflecting his confidence in the company's long-term strategy and growth potential.

Company Overview: Tokyo Lifestyle is a retailer and wholesaler of various products including beauty, health, luxury, and electronic items across multiple regions including Hong Kong, Japan, North America, and the UK, operating through physical and online stores.

Award Recognition: Tokyo Lifestyle Co., Ltd. has received the gold prize in the "Company Categories" at the Best in Biz Awards 2024 International, highlighting its dedication to enhancing brand awareness and expanding globally.

Company Overview: Tokyo Lifestyle is a retailer and wholesaler of various products including beauty, health, and luxury items, operating across multiple regions including Hong Kong, Japan, North America, and the UK.

Tokyo Lifestyle Award Recognition: Tokyo Lifestyle Co., Ltd. has been awarded the Gold Globee® in the "Company of the Year - Consumer Products or Services" category at the 14th Annual Globee® Awards for Business (International), highlighting its growth strategies and operational excellence.

Company Overview: Tokyo Lifestyle is a retailer and wholesaler of various products including beauty, health, luxury, and electronic items across multiple regions, emphasizing its commitment to innovative offerings and customer service despite market challenges.

Financial Performance: Yoshitsu Co. Ltd. reported a 32.1% increase in revenue to $98 million and an 867.8% rise in income from operations for the first half of fiscal year 2025, driven by strong franchise and wholesale contributions despite challenges in direct store sales.

Growth Strategy: The company is pursuing expansion in North America and Europe, including a new store in Las Vegas and online platforms in the UK and Canada, while maintaining a stable gross margin and focusing on operational efficiency and partnerships for long-term shareholder value.

Earnings Conference Call: Tokyo Lifestyle Co., Ltd. held its Q2 2025 earnings conference call on December 18, 2024, with company representative Sissi Huang presenting the performance overview for the first six months of the fiscal year.

Forward-Looking Statements: The call included forward-looking statements that involve risks and uncertainties, with a reminder to investors that actual results may differ from expectations and to review other relevant factors in the company's SEC filings.

Net Income Decline: Tokyo Lifestyle Co. reported a 31.6% decrease in net income to $1.3 million for the six months ending September 30, 2024, with earnings per share dropping from $0.05 to $0.03.

Revenue Growth: The company's total revenue increased by 32.1% to $98.0 million, driven by a 53.8% rise in revenue from franchise stores and wholesale customers, reaching $86.9 million.

Earnings Call Announcement: Tokyo Lifestyle Co., Ltd. will release its unaudited financial results for the first six months of fiscal year 2025 on December 18, 2024, followed by an earnings conference call at 8:30 am U.S. Eastern Time.

Company Overview: Tokyo Lifestyle is a retailer and wholesaler of Japanese beauty, health, and sundry products operating in multiple regions including Hong Kong, Japan, North America, and the UK, with sales through physical and online stores.

Trading Halt: Tokyo Lifestyle Co Ltd (ADR) has had its trading halted due to pending news.

Recent Developments: The company has made several announcements, including a joint venture with Crossing Limited and the launch of online platforms for its Reiwatakiya brand in Canada and the U.K.

ADS Ratio Change Announcement: Tokyo Lifestyle Co., Ltd. will change the ratio of its American Depositary Shares (ADSs) from one ADS representing one ordinary share to one ADS representing ten ordinary shares, effective November 15, 2024, in an effort to improve liquidity and comply with Nasdaq requirements.

Impact on ADS Holders: The exchange will occur automatically, with holders of certificated ADSs required to surrender their shares for cancellation, while fractional entitlements will be aggregated and sold, with net proceeds distributed to ADS holders.

ADS Ratio Change Announcement: Tokyo Lifestyle (NASDAQ: TKLF) plans to change the ratio of its American Depositary Shares (ADS) from one ADS representing one ordinary share to one ADS representing ten ordinary shares.

Effective Date: This change will take effect on November 15, 2024.

Strategic Partnership Announcement: Yoshitsu Co., Ltd has entered a five-year strategic cooperation agreement with Saynoday Limited to enhance the market presence of its "Reiwatakiya" brand in Hong Kong and other Asian markets, involving significant procurement commitments and collaborative brand promotion efforts.

Expansion Plans: As part of the partnership, Saynoday plans to open five new "Reiwatakiya" stores by 2027 in key shopping districts in Hong Kong, leveraging both companies' strengths in retail operations and digital marketing to boost brand visibility and market share.

Corporate Name Change: Yoshitsu Co., Ltd. will change its name to "Tokyo Lifestyle Co., Ltd." effective October 31, 2024, as part of a growth strategy to enhance brand identity and align with market conditions.

Product Offerings and Operations: The company, headquartered in Tokyo, specializes in Japanese beauty, health, and luxury products, selling through various channels including physical stores and online platforms, with no impact on current or future orders due to the rebranding.

Yoshitsu Co., Ltd Recognition: Yoshitsu has been awarded the Gold Stevie Award for "Company of the Year - Retail - Medium-size" at the 21st Annual International Business Awards, highlighting its growth strategies and operational achievements in the retail sector.

Company Overview: Headquartered in Tokyo, Yoshitsu is a retailer and wholesaler of various products including beauty, health, luxury, and electronic items across multiple regions including Hong Kong, Japan, North America, and the UK.

Expansion of Reiwatakiya Brand: Yoshitsu Co., Ltd has opened two new franchise stores in Hong Kong under its Reiwatakiya brand, aiming to enhance market presence and cater to consumer demand for discounted Japanese beauty and health products.

Future Growth Plans: The company plans to expand further into Macau and Thailand, with a goal of opening ten more discount franchise stores over the next two years, while also launching a franchise network for another brand, Tokyo Lifestyle.

Prospectus Filing: Yoshitsu Co filed a prospectus for the resale of up to 5,970,152 American depositary shares by certain selling shareholders.

Non-Offer Statement: The prospectus explicitly states that it is not an offer to sell these shares.

Expansion Plans: Yoshitsu Co., Ltd has entered into agreements with Grun Group Thailand to establish a network of franchise stores for its "Tokyo Lifestyle" brand in Southeast Asia, aiming for 18 stores in Thailand and 15 in Malaysia by the end of 2026.

Market Potential: The partnership is seen as a strategic move to tap into the fast-developing Southeast Asian market, targeting middle-class consumers and enhancing brand presence while promoting growth opportunities for both companies.

• The company reported a significant increase in total revenue by 50.3% to $195.7 million in fiscal year 2024, attributing the growth to strategic expansions into North America and the introduction of luxury products.
• Yoshitsu outlined plans for future growth, including opening new stores in various countries, improving profitability through cost-saving measures, and expanding product offerings through partnerships.