Tokyo Lifestyle Co., Ltd Financials
Tokyo Lifestyle Co., Ltd (TKLF) reported $373.2M in revenue for fiscal year 2026, up 77.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2026's dominant mechanic is growth consuming working capital while cash conversion deteriorates.
Revenue expanded77.6% in FY2026, yet receivables reached$187M , roughly half of revenue, indicating that expansion absorbed cash before collections caught up. Operating cash flow was-$10.3M despite positive earnings, while net margin fell to0.2% ; scale therefore produced much less usable profit.
The 1.3x current ratio masks a thin cash buffer: only
FY2024 was the exception: operating cash flow was
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tokyo Lifestyle Co., Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tokyo Lifestyle Co., Ltd has an operating margin of 0.9%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is down from 2.3% the prior year.
Tokyo Lifestyle Co., Ltd's revenue surged 77.6% year-over-year to $373.2M, reflecting rapid business expansion. This strong growth earns a score of 92/100.
Tokyo Lifestyle Co., Ltd has elevated debt relative to equity (D/E of 0.28), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 29/100, reflecting increased financial risk.
Tokyo Lifestyle Co., Ltd's current ratio of 1.30 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
Tokyo Lifestyle Co., Ltd's operations used $10.3M of cash, and capex of $314K added to the outflow, for a free cash flow shortfall of $10.6M. This results in a cash flow score of 25/100.
Tokyo Lifestyle Co., Ltd's ROE of 1.8% shows moderate profitability relative to equity, earning a score of 58/100. This is down from 15.4% the prior year.
Tokyo Lifestyle Co., Ltd scores 2.10, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tokyo Lifestyle Co., Ltd passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Tokyo Lifestyle Co., Ltd used $14.37 of operating cash (-$10.3M OCF vs $717K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Tokyo Lifestyle Co., Ltd earns $1.62 in operating income for every $1 of interest expense ($3.2M vs $2.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Tokyo Lifestyle Co., Ltd generated $373.2M in revenue in fiscal year 2026. This represents an increase of 77.6% from the prior year.
Tokyo Lifestyle Co., Ltd's EBITDA was $4.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 22.9% from the prior year.
Tokyo Lifestyle Co., Ltd reported $717K in net income in fiscal year 2026. This represents a decrease of 89.2% from the prior year.
Tokyo Lifestyle Co., Ltd earned $0.02 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 87.5% from the prior year.
Cash & Balance Sheet
Tokyo Lifestyle Co., Ltd recorded an outflow of $10.6M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 567.1% from the prior year.
Tokyo Lifestyle Co., Ltd held $2.1M in cash against $11.5M in long-term debt as of fiscal year 2026, with $168.4M of liabilities due within a year.
Not reported for fiscal year 2026.
Margins & Returns
Tokyo Lifestyle Co., Ltd's operating margin was 0.9% in fiscal year 2026, reflecting core business profitability. This is down 1.4 percentage points from the prior year.
Tokyo Lifestyle Co., Ltd's net profit margin was 0.2% in fiscal year 2026, showing the share of revenue converted to profit. This is down 3.0 percentage points from the prior year.
Tokyo Lifestyle Co., Ltd's ROE was 1.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 13.7 percentage points from the prior year.
Not reported for fiscal year 2026.
Capital Allocation
Tokyo Lifestyle Co., Ltd invested $314K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 68.3% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
TKLF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue | $373.2M+77.6% | $210.1M+7.4% | $195.7M+15.3% | $169.7M-27.7% | $234.8M+4.4% | $224.8M+61.0% | $139.6M |
| Gross Profit | N/A | N/A | N/A | $642K+95.5% | $328K+4387.3% | $7K | N/A |
| SG&A Expenses | $24.9M+29.6% | $19.2M+9.1% | $17.6M-38.5% | $28.6M-21.5% | $36.4M+11.9% | $32.5M+80.0% | $18.1M |
| Operating Income | $3.2M-31.7% | $4.7M-18.3% | $5.8M+601.3% | $824K-88.7% | $7.3M+10129.0% | -$73K | N/A |
| Interest Expense | $2.0M+15.2% | $1.7M+7.0% | $1.6M-33.5% | $2.4M-13.1% | $2.8M+22.2% | $2.3M+20.7% | $1.9M |
| Income Tax | $3.1M+264.8% | -$1.9M-512.3% | $457K-36.1% | $714K-68.0% | $2.2M-32.4% | $3.3M+24.5% | $2.7M |
| Net Income | $717K-89.2% | $6.6M-11.2% | $7.5M+192.9% | -$8.0M-305.1% | $3.9M-20.8% | $5.0M+1.3% | $4.9M |
| EPS (Diluted) | $0.02-87.5% | $0.16-20.0% | $0.20+190.9% | -$0.22-283.3% | $0.12-33.3% | $0.180.0% | $0.18 |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.
TKLF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Total Assets | $233.6M+48.0% | $157.8M+11.2% | $142.0M-3.2% | $146.7M0.0% | $146.7M+29.9% | $112.9M | N/A |
| Current Assets | $219.4M+59.9% | $137.2M+12.3% | $122.2M+14.6% | $106.6M+4.7% | $101.9M+7.0% | $95.2M | N/A |
| Cash & Equivalents | $2.1M-56.1% | $4.8M+92.8% | $2.5M+41.5% | $1.8M-90.3% | $18.3M+11.5% | $16.4M+88.5% | $8.7M |
| Inventory | $14.4M+230.2% | $4.4M-1.0% | $4.4M-38.6% | $7.2M-77.1% | $31.4M+15.6% | $27.1M | N/A |
| Accounts Receivable | $186.8M+74.1% | $107.3M+1.8% | $105.4M+17.8% | $89.4M+118.4% | $41.0M-6.2% | $43.7M | N/A |
| Total Liabilities | $192.5M+67.6% | $114.8M+8.4% | $106.0M-9.7% | $117.4M0.0% | $117.4M+29.4% | $90.7M | N/A |
| Current Liabilities | $168.4M+65.9% | $101.5M+8.6% | $93.4M-4.7% | $98.0M+72.6% | $56.8M-30.4% | $81.6M | N/A |
| Long-Term Debt | $11.5M+77.1% | $6.5M+15.3% | $5.6M-45.4% | $10.3M-51.1% | $21.1M+227.9% | $6.4M | N/A |
| Total Equity | $41.1M-4.5% | $43.0M+19.3% | $36.0M+23.1% | $29.3M-34.1% | $44.5M+119.0% | $20.3M+45.0% | $14.0M |
| Retained Earnings | $27.9M+0.7% | $27.7M+31.5% | $21.1M+55.1% | $13.6M-37.2% | $21.6M+6.9% | $20.2M | N/A |
Not reported in any period shown, so not listed: Goodwill.
TKLF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$10.3M-1620.0% | -$599K-131.3% | $1.9M+107.4% | -$25.7M-267.4% | -$7.0M-116.4% | -$3.2M+57.7% | -$7.6M |
| Capital Expenditures | $314K-68.3% | $992K+6.8% | $929K-0.6% | $935K-69.2% | $3.0M+3.3% | $2.9M-13.9% | $3.4M |
| Free Cash Flow | -$10.6M-567.1% | -$1.6M-261.9% | $983K+103.7% | -$26.7M-165.6% | -$10.0M-62.6% | -$6.2M+44.2% | -$11.1M |
| Investing Cash Flow | $6.1M+732.3% | -$964K-135.5% | $2.7M+465.1% | -$743K+76.1% | -$3.1M-55.7% | -$2.0M+39.8% | -$3.3M |
| Financing Cash Flow | $4.2M+6.9% | $4.0M+322.7% | -$1.8M-114.0% | $12.7M-7.4% | $13.8M-1.2% | $13.9M-13.7% | $16.2M |
| Dividends Paid | $531K | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
TKLF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | 0.4%+0.2pp | 0.1%+0.1pp | 0.0% | N/A |
| Operating Margin | 0.9%-1.4pp | 2.3%-0.7pp | 2.9%+2.5pp | 0.5%-2.6pp | 3.1%+3.1pp | 0.0% | N/A |
| Net Margin | 0.2%-3.0pp | 3.2%-0.7pp | 3.8%+8.6pp | -4.7%-6.4pp | 1.7%-0.5pp | 2.2%-1.3pp | 3.5% |
| Return on Equity | 1.8%-13.7pp | 15.4%-5.3pp | 20.8%+48.2pp | -27.5%-36.3pp | 8.8%-15.6pp | 24.4%-10.5pp | 34.9% |
| Return on Assets | 0.3%-3.9pp | 4.2%-1.1pp | 5.3%+10.8pp | -5.5%-8.2pp | 2.7%-1.7pp | 4.4% | N/A |
| Current Ratio | 1.300.0x | 1.350.0x | 1.31+0.2x | 1.09-0.7x | 1.79+0.6x | 1.17 | N/A |
| Debt-to-Equity | 0.28+0.1x | 0.150.0x | 0.16-0.2x | 0.35-0.1x | 0.48+0.2x | 0.32 | N/A |
| FCF Margin | -2.8%-2.1pp | -0.8%-1.3pp | 0.5%+16.2pp | -15.7%-11.4pp | -4.3%-1.5pp | -2.8%+5.2pp | -7.9% |
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Where Tokyo Lifestyle Co., Ltd Ranks
Frequently Asked Questions
What is Tokyo Lifestyle Co., Ltd's annual revenue?
Tokyo Lifestyle Co., Ltd (TKLF) reported $373.2M in total revenue for fiscal year 2026. This represents a 77.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tokyo Lifestyle Co., Ltd's revenue growing?
Tokyo Lifestyle Co., Ltd (TKLF) revenue grew by 77.6% year-over-year, from $210.1M to $373.2M in fiscal year 2026.
Is Tokyo Lifestyle Co., Ltd profitable?
Yes, Tokyo Lifestyle Co., Ltd (TKLF) reported a net income of $717K in fiscal year 2026, with a net profit margin of 0.2%.
What is Tokyo Lifestyle Co., Ltd's EBITDA?
Tokyo Lifestyle Co., Ltd (TKLF) had EBITDA of $4.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Tokyo Lifestyle Co., Ltd have?
As of fiscal year 2026, Tokyo Lifestyle Co., Ltd (TKLF) had $2.1M in cash and equivalents against $11.5M in long-term debt.
What is Tokyo Lifestyle Co., Ltd's operating margin?
Tokyo Lifestyle Co., Ltd (TKLF) had an operating margin of 0.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Tokyo Lifestyle Co., Ltd's net profit margin?
Tokyo Lifestyle Co., Ltd (TKLF) had a net profit margin of 0.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Tokyo Lifestyle Co., Ltd's return on equity (ROE)?
Tokyo Lifestyle Co., Ltd (TKLF) has a return on equity of 1.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Tokyo Lifestyle Co., Ltd's free cash flow?
Tokyo Lifestyle Co., Ltd (TKLF) recorded an outflow of $10.6M in free cash flow during fiscal year 2026. This represents a -567.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tokyo Lifestyle Co., Ltd's operating cash flow?
Tokyo Lifestyle Co., Ltd (TKLF) recorded an outflow of $10.3M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Tokyo Lifestyle Co., Ltd's total assets?
Tokyo Lifestyle Co., Ltd (TKLF) had $233.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Tokyo Lifestyle Co., Ltd's capital expenditures?
Tokyo Lifestyle Co., Ltd (TKLF) invested $314K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Tokyo Lifestyle Co., Ltd's current ratio?
Tokyo Lifestyle Co., Ltd (TKLF) had a current ratio of 1.30 as of fiscal year 2026, which is considered adequate.
What is Tokyo Lifestyle Co., Ltd's debt-to-equity ratio?
Tokyo Lifestyle Co., Ltd (TKLF) had a debt-to-equity ratio of 0.28 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tokyo Lifestyle Co., Ltd's return on assets (ROA)?
Tokyo Lifestyle Co., Ltd (TKLF) had a return on assets of 0.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Tokyo Lifestyle Co., Ltd's cash runway?
Based on fiscal year 2026 data, Tokyo Lifestyle Co., Ltd (TKLF) had $2.1M in cash against an annual operating cash burn of $10.3M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Tokyo Lifestyle Co., Ltd's Altman Z-Score?
Tokyo Lifestyle Co., Ltd (TKLF) has an Altman Z-Score of 2.10, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tokyo Lifestyle Co., Ltd's Piotroski F-Score?
Tokyo Lifestyle Co., Ltd (TKLF) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tokyo Lifestyle Co., Ltd's earnings high quality?
For every $1 of reported earnings, Tokyo Lifestyle Co., Ltd (TKLF) used $14.37 of operating cash (-$10.3M OCF vs $717K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tokyo Lifestyle Co., Ltd cover its interest payments?
Tokyo Lifestyle Co., Ltd (TKLF) has an interest coverage ratio of 1.62x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tokyo Lifestyle Co., Ltd?
Tokyo Lifestyle Co., Ltd (TKLF) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.