TKLF · Tokyo Lifestyle Co., Ltd.
Tokyo Lifestyle Co., Ltd. engages in the retail and wholesale of beauty, health, sundry, and other products in Japan, China, Hong Kong, the United States, Canada, Thailand, and the United Kingdom. The company sells its products under its flagship brand, Tokyo Lifestyle. It offers cosmetics, including foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skincare products comprising facial cleansers, whitening products, sunblock, moisturizers, facial masks, eye masks, eye gels, and exfoliating products; cosmetic applicators, such as brushes, puffs, curlers, hair irons, and shavers; perfumes and colognes; facial wash, firming lotion, astringent, and moisturizer for men; and lip balm, lotion, shampoo, soap, and essential oils for babies and children. The company also provides OTC drugs for the treatment of common ailments, such as colds, headaches, stomach pain, cough, and eye strain; vitamins, minerals, fiber supplements, nutritional yeast, dietary products, and other nutritional supplements; and a variety of general-purpose medical supplies and devices. In addition, it offers bedding and bath, home décor, dining and tabletop items, storage containers, car supplies, cleaning agent, and laundry supplies, as well as spa supplies, clothing, formula milk, and diapers. Further, the company provides watches, perfumes, handbags, clothes, and jewelry; Nintendo switch and Xbox series products; smart AC adapters and batteries; and collectible cards and toys. Additionally, it offers food, including soft drinks, packaged snacks, tea and coffee, fruit juice, and mineral water; alcoholic beverages; and miscellaneous products, such as cigarettes and pet food. The company was formerly known as Yoshitsu Co., Ltd and changed its name to Tokyo Lifestyle Co., Ltd. in October 2024. Tokyo Lifestyle Co., Ltd. was incorporated in 2006 and is headquartered in Tokyo, Japan.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $1.50 |
| SO | 42.3M |
| Options | — |
| Warrants | — |
| FD SO | 42.3M |
| MC | $63.5M |
| Cash | $2.1M |
| Total debt | $13.5M ⚠ |
| EV | $74.8M |
| TTM Multiples | |
|---|---|
| EV / Revenue | — |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 0.0% |
| Insiders | 60.0% |
| # Institutions | 3 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | 38.1% |
| Days to cover | 5.88 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-03-31. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-10-02 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-15; the float denominator can be unreliable on tiny floats.
This filer tags no option or warrant count, so FD SO counts it as zero and understates dilution — treat FD SO, MC and EV as a floor. (XBRL reports nothing both for a filer that has none and for one that simply doesn't tag them.)
Debt figure uncertain — $40.4M of liabilities are neither recognized debt nor a named non-debt item. Verify against the filing before relying on EV.
Financial statements
No quarterly data available.
| 3/31/26 | 3/31/25 | 3/31/24 | 3/31/23 | |
|---|---|---|---|---|
| Total Revenue | 373.22 | 210.12 | 195.68 | 169.72 |
| Revenue YoY % | 77.6% | 7.4% | 15.3% | — |
| Gross Profit | 28.11 | 23.92 | 23.38 | 0.64 |
| Gross Profit YoY % | 17.5% | 2.3% | 3541.8% | — |
| Gross Margin % | 7.5% | 11.4% | 11.9% | 0.4% |
| SG&A | 24.88 | 19.20 | 17.60 | 28.61 |
| Operating Expense | — | — | — | (0.18) |
| Operating Income | 3.22 | 4.72 | 5.78 | 0.82 |
| Operating Income YoY % | (31.7%) | (18.3%) | 601.3% | — |
| Operating Margin % | 0.9% | 2.2% | 3.0% | 0.5% |
| EBITDA | 4.37 | 5.67 | 7.01 | 2.05 |
| EBITDA Margin % | 1.2% | 2.7% | 3.6% | 1.2% |
| Interest Expense | 1.99 | 1.72 | 1.61 | 2.42 |
| Other Income / (Expense) | 2.52 | 1.76 | 3.77 | 10.31 |
| Pretax Income | 3.75 | 4.76 | 7.94 | 8.71 |
| Tax Provision | 3.10 | (1.88) | 0.46 | 0.71 |
| Net Income | 0.65 | 6.64 | 7.48 | 8.00 |
| Net Income to Common | 0.72 | 6.64 | 7.48 | (8.05) |
| Net Margin % | 0.2% | 3.2% | 3.8% | 4.7% |
| Diluted EPS | $0.02 | $0.16 | $0.20 | $0.22 |
| Basic EPS | $0.02 | $0.16 | $0.20 | $0.22 |
| Diluted Avg Shares | 42.3 | 42.2 | 37.3 | 36.3 |
| Basic Avg Shares | 42.3 | 42.2 | 37.3 | 36.3 |
No quarterly data available.
| 3/31/26 | 3/31/25 | 3/31/24 | 3/31/23 | |
|---|---|---|---|---|
| Cash & Equivalents | 2.12 | 4.82 | 2.50 | 1.77 |
| Receivables | 186.83 | 107.31 | 105.36 | 89.45 |
| Inventory | 14.43 | 4.37 | 4.41 | 7.19 |
| Other Current Assets | 16.06 | 20.72 | 9.89 | 8.23 |
| Total Current Assets | 219.44 | 137.22 | 122.17 | 106.63 |
| Net PPE | 4.49 | 10.76 | 9.01 | 12.94 |
| Operating Lease ROU | 7.94 | 6.03 | 3.98 | 2.71 |
| Long-term Investments | — | — | — | 0.17 |
| Other Assets | 1.77 | 3.82 | 6.84 | 24.23 |
| Total Assets | 233.64 | 157.83 | 142.00 | 146.68 |
| Accounts Payable | — | — | — | 12.72 |
| Current Debt | 1.79 | 0.71 | 1.73 | 2.78 |
| Current Lease Liabilities | 2.43 | 2.07 | 1.52 | 1.32 |
| Other Current Liabilities | 164.14 | 98.68 | 90.16 | 81.22 |
| Total Current Liabilities | 168.37 | 101.46 | 93.41 | 98.04 |
| Long-term Debt | 11.52 | 6.50 | 5.64 | 10.33 |
| Long-term Lease Liabilities | 5.67 | 4.00 | 2.49 | 1.42 |
| Other Liabilities | 6.92 | 2.85 | 4.41 | 7.61 |
| Total Liabilities | 192.47 | 114.82 | 105.95 | 117.39 |
| Retained Earnings | 27.88 | 27.70 | 21.06 | 13.58 |
| Total Equity | 41.17 | 43.01 | 36.04 | 29.28 |
| 6M 9/30/25 | 6M 9/30/24 | 6M 9/30/23 | 6M 9/30/22 | |
|---|---|---|---|---|
| Net Income | (0.90) | 1.34 | 2.00 | 0.33 |
| D&A | 0.59 | 0.41 | 0.53 | 0.51 |
| Δ Working Cap & Other | (7.76) | (3.73) | 1.17 | (22.78) |
| Operating Cash Flow | (8.07) | (1.98) | 3.70 | (21.94) |
| CapEx | (0.13) | (0.68) | (0.20) | (0.05) |
| Other Investing | (0.61) | — | 0.55 | — |
| Investing Cash Flow | (0.73) | (0.64) | 0.36 | 0.10 |
| Debt Issuance | 4.82 | 2.75 | — | 2.19 |
| Debt Repayment | (0.30) | (0.13) | (0.61) | (1.45) |
| Other Financing | 1.49 | — | — | 15.61 |
| Financing Cash Flow | 6.01 | 2.49 | (1.07) | 16.35 |
| Effect of FX on Cash | 0.15 | 0.74 | (1.96) | (3.62) |
| Free Cash Flow | (8.20) | (2.66) | 3.50 | (21.98) |
Year-to-date columns, not discrete quarters — this filer reports its cash flow statement cumulatively from the start of the fiscal year and has not published two interim periods within one year that could be subtracted to isolate a quarter. Each column's span is in its heading.
| 3/31/26 | 3/31/25 | 3/31/24 | 3/31/23 | |
|---|---|---|---|---|
| Net Income | 0.65 | 6.64 | 7.48 | 8.00 |
| D&A | 1.15 | 0.95 | 1.23 | 1.23 |
| Δ Working Cap & Other | (12.10) | (8.19) | (6.80) | (34.96) |
| Operating Cash Flow | (10.30) | (0.60) | 1.91 | (25.74) |
| CapEx | (0.31) | (0.99) | (0.93) | (0.93) |
| Other Investing | 6.41 | — | 3.64 | — |
| Investing Cash Flow | 6.10 | (0.96) | 2.71 | (0.74) |
| Debt Issuance | 13.99 | — | — | 2.16 |
| Debt Repayment | (7.77) | (0.20) | (4.19) | (9.80) |
| Stock Issuance | — | — | 3.75 | — |
| Dividends Paid | (0.53) | — | — | — |
| Other Financing | (1.45) | 4.17 | (1.34) | 20.38 |
| Financing Cash Flow | 4.24 | 3.97 | (1.78) | 12.75 |
| Effect of FX on Cash | (2.75) | (0.06) | (2.14) | (2.76) |
| Free Cash Flow | (10.61) | (1.59) | 0.98 | (26.67) |
No quarterly data available.
| 3/31/26 | 3/31/25 | 3/31/24 | 3/31/23 | |
|---|---|---|---|---|
| Current Ratio | 1.30 | 1.35 | 1.31 | 1.09 |
| Quick Ratio | 1.22 | 1.31 | 1.26 | 1.01 |
| Debt / Equity | 0.32 | 0.17 | 0.20 | 0.45 |
| EBITDA Margin % | 1.2% | 2.7% | 3.6% | 1.2% |
| Working Capital | 51.07 | 35.76 | 28.75 | 8.59 |
| Net Debt | 11.19 | 2.39 | 4.87 | 11.34 |
| ROE % | 1.6% | 15.4% | 20.8% | 27.3% |
| ROA % | 0.3% | 4.2% | 5.3% | 5.5% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-09-29 | P | 1,396,755 | $0.27 | $382,711 |
| 2026-10-01 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-09-29 | J | 12,106,893 | $0.27 | $3,317,289 |
| 2026-08-26 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-08-25 | P | 7,000 | $1.80 | $12,600 |
| 2026-08-26 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-08-24 | P | 2,800 | $1.80 | $5,040 |
| 2026-05-22 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-05-11 | P | 20,010 | $2.25 | $45,022 |
| 2026-05-22 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-03-27 | P | 1,300 | $2.20 | $2,860 |
| 2026-05-22 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-03-26 | P | 1,500 | $2.18 | $3,270 |
| 2026-05-22 | Kanayama Mei | Director, Officer (Representative Director (PEO)), 10% Owner | 2026-03-25 | P | 1,950 | $2.20 | $4,290 |