Tokyo Lifestyle converts JPY 510 million loan into equity via debt-to-equity swap
TKLF•Separate cash-paid third-party allotment planned
The board also set a separate cash-paid third-party allotment of 1,396,755 common shares for JPY 58.84 million on the same date.
Debt-to-equity swap converts loan receivables into shares
Tokyo Lifestyle announced a debt-to-equity swap converting JPY 510 million of loan receivables held by TOKUSHIN G.K. into equity.
The conversion will be settled on Sept. 29, 2026 through the issuance of 12,106,893 common shares via third-party allotment.
