TKLF News & Events

Tokyo Lifestyle announced that it has entered into a master agreement for the sale and purchase of goods with Tasly, a Hong Kong-based trading company, for the distribution of its health products, cosmetics and liquors. The company expects this collaboration to strengthen and expand its presence in China's health product market. Pursuant to the agreement, Tokyo Lifestyle agrees to sell its premium health products, cosmetics and liquors to Tasly on an outright basis during the one-year term commencing March 1. The specific terms and conditions for each supply of goods, including product names, unit prices, quantities and delivery dates, shall be agreed upon in individual agreements entered into between the parties during the term. Tokyo Lifestyle will provide updates on the progress of the transaction from time to time.

Tokyo Lifestyle entered into a five-year subordinated unsecured loan agreement for JPY 300M with its controlling shareholder, Tokushin G. K., a limited liability entity owned by the Company's Representative Director and Principal Executive Officer, Mr. Mei Kanayama, and his family, on November 27, 2025. The funding is intended to support the Company's future growth and development initiatives. Pursuant to the Loan Agreement, Tokyo Lifestyle received the loan proceeds from Tokushin on February 1, 2026. The loan term commenced on the same date and will mature on January 31, 2031. Repayment will follow a schedule mutually agreed upon by both parties. Tokyo Lifestyle will pay interest monthly and will settle the principal in a lump sum upon maturity. The loan bears a fixed annual interest rate of 2.0%, which is slightly higher than prevailing commercial lending rates in Japan in the current high-interest-rate environment.

Tokyo Lifestyle announced that Mei Kanayama, its Representative Director and Principal Executive Officer, entered into a five-year loan agreement for HKD 7.5 million, or US$0.96 million, with its wholly-owned Hong Kong subsidiary, Tokyo Lifestyle Limited, on February 19, 2026, to support TLS's working capital and operational needs. Pursuant to the Loan Agreement, TLS will receive the loan from Mr. Mei Kanayama on February 28, 2026, with a term running from February 1, 2026 to January 31, 2031.