Tokyo Lifestyle secures $1.92 million loan from controlling shareholder

Go back to Tokyo Lifestyle secures $1.92 million loan from controlling shareholder

Tokyo Lifestyle Enters into US$1.92 Million Subordinated Unsecured Loan Agreement with Tokushin G. K.

March 5, 2026 8:00 AM EST

Tokyo,Japan, March 05, 2026 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (Tokyo Lifestyle or the Company) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trendy toys as well as other products in Hong Kong, Japan, North America, Thailand, Vietnam, the United Kingdom and Australia, today announced that it entered into a five-year subordinated unsecured loan agreement for JPY 300 million (approximately US$1.92 million) (the Loan Agreement) with its controlling shareholder, Tokushin G. K. (Tokushin), a limited liability entity owned by the Companys Representative Director and... More