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Tokyo Lifestyle will convert JPY 510 million of shareholder-related loan principal into 12,106,893 newly issued ordinary shares on Sept. 29, extinguishing the principal in full. The repayment date was revised to Sept. 10, 2026.
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 mil