Tokyo Lifestyle enters $1.92M subordinated unsecured loan agreement

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.