Major Tokyo Lifestyle (TKLF) insider Kanayama reports large direct and indirect stakes

Rhea-AI Filing Summary

Tokyo Lifestyle Co., Ltd. director and representative director (PEO) Kanayama Mei filed an initial ownership report showing large equity holdings. The filing lists direct ownership of 7,216,436 ordinary shares and 137,456 American depositary shares, with each ADS representing ten ordinary shares. It also reports 13,575,104 ordinary shares held indirectly through Tokushin G.K., a family-owned Japanese limited liability company over which Mr. Kanayama has voting and dispositive control.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kanayama Mei

(Last) (First) (Middle)

HARUMI BUILDING, 2-5-9 KOTOBASHI

SUMIDA-KU

(Street)

TOKYO 130-0022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Tokyo Lifestyle Co., Ltd. [ TKLF ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Representative Director (PEO)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares	7,216,436	D
American depositary shares(1)	137,456	D
Ordinary shares	13,575,104	I	By Tokushin G. K.(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share ("ADS") represents ten ordinary shares, with no par value, of Tokyo Lifestyle Co., Ltd. (the "Company").

2. Tokushin G. K. ("Tokushin") is a limited liability company formed under the laws of Japan owned by Mr. Kanayama and his family, for which Mr. Kanayama is the managing member, and accordingly, Mr. Kanayama has the voting and dispositive control of the ordinary shares Tokushin holds in the Company.

	/s/ Mei Kanayama	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Tokyo Lifestyle (TKLF) disclose in this Form 3 filing?

Tokyo Lifestyle’s Form 3 shows that representative director Kanayama Mei holds substantial equity in the company, including millions of ordinary shares directly and additional shares indirectly through Tokushin G.K., establishing his position as a major shareholder and key insider with significant voting influence.

How many ordinary shares of Tokyo Lifestyle (TKLF) does Kanayama Mei hold directly and indirectly?

The filing reports direct ownership of 7,216,436 ordinary shares and indirect ownership of 13,575,104 ordinary shares through Tokushin G.K. Combined, these positions reflect a very large stake and indicate strong alignment between the representative director and other Tokyo Lifestyle shareholders.

What are Tokyo Lifestyle (TKLF) American depositary shares and how many does Kanayama Mei own?

Each American depositary share, or ADS, represents ten ordinary Tokyo Lifestyle shares. The Form 3 states that Kanayama Mei directly holds 137,456 ADS, giving U.S. investors a clear view of his exposure through this U.S.-traded instrument in addition to ordinary shares.

What is Tokushin G.K.’s role in Tokyo Lifestyle (TKLF) share ownership?

Tokushin G.K. is a Japanese limited liability company owned by Mr. Kanayama and his family. The filing explains that Kanayama is its managing member and has voting and dispositive control over the 13,575,104 Tokyo Lifestyle ordinary shares held by Tokushin G.K.

Does this Tokyo Lifestyle (TKLF) Form 3 show any insider buying or selling activity?

The Form 3 reflects existing holdings rather than new trades. All entries are labeled as holdings with unknown transaction codes, and the transaction summary shows no buy or sell counts, indicating it is an initial ownership statement instead of reporting recent market transactions.

Why is Kanayama Mei considered a ten percent owner of Tokyo Lifestyle (TKLF)?

The reporting person is flagged as a ten percent owner based on the large number of ordinary shares and ADS reported. Direct and indirect positions together indicate ownership well above ten percent, justifying this status and highlighting his importance in corporate governance decisions.