Tokyo Lifestyle Co., Ltd. – 20th Annual General Meeting of Shareholders and Financial Update

Tokyo Lifestyle Co., Ltd. announced the convocation of its 20th Annual General Meeting of Shareholders, scheduled for June 26, 2026. Key proposals include the approval of financial statements for the 20th fiscal year, partial amendments to the Articles of Incorporation to establish a Board of Corporate Auditors and appoint an Accounting Auditor, appropriation of surplus for a year-end dividend of JPY 1.890 per share, appointment of Sakurazaka Audit Corporation as the Accounting Auditor, and the election of three Corporate Auditors. The company reported a net sales of 38,783,862 thousand yen for the fiscal year ended March 31, 2026, a significant increase of 59.1% year-on-year. Ordinary income also saw a substantial rise of 688.9% to 193,321 thousand yen. The company is focusing on improving internal control systems and restructuring its business model to enhance profitability and achieve sustainable growth, with strategic expansion into Southeast Asia planned. Financial statements indicate total assets of 30,583,696 thousand yen and total liabilities of 25,008,379 thousand yen as of March 31, 2026.