Tokyo Lifestyle converts JPY 510 million loan into equity

Tokyo Lifestyle announced a debt-to-equity swap converting JPY 510 million of loan receivables into equity. The conversion will be settled on Sept. 29, 2026 through the issuance of 12,106,893 common shares via third-party allotment. A separate cash-paid third-party allotment of 1,396,755 common shares for JPY 58.84 million will also occur.