<SEC-DOCUMENT>0001213900-25-006804.txt : 20250127
<SEC-HEADER>0001213900-25-006804.hdr.sgml : 20250127
<ACCEPTANCE-DATETIME>20250127102007
ACCESSION NUMBER:		0001213900-25-006804
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250127
DATE AS OF CHANGE:		20250127

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tokyo Lifestyle Co., Ltd.
		CENTRAL INDEX KEY:			0001836242
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			M0
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93394
		FILM NUMBER:		25556162

	BUSINESS ADDRESS:	
		STREET 1:		HARUMI BUILDING, 2-5-9 KOTOBASHI
		STREET 2:		SUMIDA-KU
		CITY:			TOKYO
		STATE:			M0
		ZIP:			130-0022
		BUSINESS PHONE:		(81)356260668

	MAIL ADDRESS:	
		STREET 1:		HARUMI BUILDING, 2-5-9 KOTOBASHI
		STREET 2:		SUMIDA-KU
		CITY:			TOKYO
		STATE:			M0
		ZIP:			130-0022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Yoshitsu Co., Ltd
		DATE OF NAME CHANGE:	20201221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Yoshitsu Co., Ltd.
		DATE OF NAME CHANGE:	20201211

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kanayama Mei
		CENTRAL INDEX KEY:			0001906212
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D

	MAIL ADDRESS:	
		STREET 1:		HARUMI 2-3-30-4810
		CITY:			CHUO-KU,TOKYO
		STATE:			M0
		ZIP:			1040053
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <submissionType>SCHEDULE 13D</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Kanayama Mei -->
          <cik>0001906212</cik>
          <ccc>XXXXXXXX</ccc>
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      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


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    <coverPageHeader>
      <securitiesClassTitle>American Depositary Shares, each representing ten Ordinary Shares</securitiesClassTitle>
      <dateOfEvent>01/17/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001836242</issuerCIK>
        <issuerCUSIP>98741L200</issuerCUSIP>
        <issuerName>TOKYO LIFESTYLE CO., LTD.</issuerName>
        <address>
          <com:street1>Harumi Building, 2-5-9 Kotobashi</com:street1>
          <com:street2>Sumida-ku</com:street2>
          <com:city>Tokyo</com:city>
          <com:stateOrCountry>M0</com:stateOrCountry>
          <com:zipCode>130-0022</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Mei Kanayama</personName>
          <personPhoneNum>81-80-3399-9998</personPhoneNum>
          <personAddress>
            <com:street1>Harumi 2-3-30-4810, Chou-Ku,</com:street1>
            <com:city>Tokyo</com:city>
            <com:stateOrCountry>M0</com:stateOrCountry>
            <com:zipCode>1040053</com:zipCode>
          </personAddress>
        </notificationInfo>
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    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001906212</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Mei Kanayama</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>PF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>M0</citizenshipOrOrganization>
        <soleVotingPower>8123376.00</soleVotingPower>
        <sharedVotingPower>16247564.00</sharedVotingPower>
        <soleDispositivePower>8123376.00</soleDispositivePower>
        <sharedDispositivePower>13575104.00</sharedDispositivePower>
        <aggregateAmountOwned>24370940.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>57.6</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>American Depositary Shares, each representing ten Ordinary Shares</securityTitle>
        <issuerName>TOKYO LIFESTYLE CO., LTD.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>Harumi Building, 2-5-9 Kotobashi</com:street1>
          <com:street2>Sumida-ku</com:street2>
          <com:city>Tokyo</com:city>
          <com:stateOrCountry>M0</com:stateOrCountry>
          <com:zipCode>130-0022</com:zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item2>
        <filingPersonName>Mei Kanayama</filingPersonName>
        <principalBusinessAddress>Harumi 2-3-30-4810, Chuo-Ku, Tokyo, 1040053, Japan</principalBusinessAddress>
        <principalJob>Mr. Mei Kanayama's present principal occupation is serving as the Representative Director and Director of the Issuer, the principal executive office of which is at Harumi 2-3-30-4810, Chuo-Ku, Tokyo, 1040053, Japan.</principalJob>
        <hasBeenConvicted>During the last five years, Mr. Mei Kanayama has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanours).</hasBeenConvicted>
        <convictionDescription>During the last five years, Mr. Mei Kanayama has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
        <citizenship>Japan</citizenship>
      </item2>
      <item3>
        <fundsSource>Mr. Mei Kanayama personally holds 7,216,436 ordinary shares of the Issuer through pre-IPO acquisitions.

Mr. Kanayama acquired 90,694 ADSs, representing 906,940 ordinary shares of the Issuer in multiple open market transactions for an aggregate purchase price of approximately $310,380.41. The source of funds for the purchase of such ADSs of the Issuer was personal funds of Mr. Mei Kanayama.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>Mr. Mei Kanayama serves as Representative Director and Director of the Issuer. In such capacities, Mr. Mei Kanayama may engage in communications with the Issuer's Board of Directors, members of management, other shareholders, financial and legal advisers, and other parties regarding the Issuer, including but not limited to the Issuer's operations, governance and control. In addition, in these capacities, Mr. Mei Kanayama may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

Except as set forth herein, Mr. Mei Kanayama does not have any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. Mr. Mei Kanayama may, at any time and from time to time, review or reconsider his position and/or change his purpose and/or formulate plans or proposals with respect thereto.

Mr. Mei Kanayama acquired beneficial ownership of the shares for investment purposes and intends to review his investment in the Issuer on a continuing basis. Accordingly, Mr. Mei Kanayama may acquire additional shares of the Issuer or sell or otherwise dispose of any or all of the shares that Mr. Mei Kanayama beneficially owns.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Mr. Mei Kanayama beneficially owns an aggregate of 24,370,940 ordinary shares of the Issuer (representing approximately 57.6% of the 42,327,806 ordinary shares issued and outstanding as of January 14, 2025), including: (i) 7,216,436 ordinary shares held personally by Mr. Mei Kanayama, (ii) 906,940 ordinary shares in the form of ADSs held personally by Mr. Mei Kanayama, (iii) 13,575,104 ordinary shares held through Tokushin G. K., 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 voting and dispositive control, and (iv) 2,672,460 ordinary shares in the form of ADSs held by Grand Elec-Tech Limited. Grand Elec-Tech Limited has delegated to Mr. Kanayama all authority to exercise the voting rights in respect of its ordinary shares.

Due to the relationships between them, Mei Kanayama and Grand Elec-Tech Limited may be deemed to constitute a "group" with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.</percentageOfClassSecurities>
        <numberOfShares>Mr. Mei Kanayama has sole voting and dispositive power over the 7,216,436 ordinary shares held personally by Mr. Mei Kanayama, and the 906,940 ordinary shares in the form of ADSs held personally by Mr. Mei Kanayama.  Mr. Mei Kanayama has shared voting and dispositive power over the 13,575,104 ordinary shares held through Tokushin G. K.  Mr. Mei Kanayama has shared voting power and no dispositive power over the 2,672,460 ordinary shares in the form of ADSs held by Grand Elec-Tech Limited.</numberOfShares>
        <transactionDesc>During the past sixty days, Mr. Kanayama acquired 90,694 ADSs, representing 906,940 ordinary shares of the Issuer in multiple open market transactions for an aggregate purchase price of approximately $310,380.41.</transactionDesc>
        <listOfShareholders>No person has the right to receive, or the power to direct the receipt of dividends from, or proceeds from, the sale of such securities.</listOfShareholders>
        <date5PercentOwnership>N.A.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Grand Elec-Tech Limited entered into a Subscription Agreement with the Issuer dated February 12, 2021 (the "Subscription Agreement") to acquire 2,672,460 ordinary shares of the Issuer (reflecting a forward split of the Issuer's outstanding ordinary shares at a ratio of 294-for-1 on August 18, 2021) in consideration of JPY200,007,270 (approximately $1.9 million). Pursuant to the Subscription Agreement, Grand Elec-Tech Limited has delegated to Mr. Kanayama all authority to exercise the voting rights in respect of its ordinary shares.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Exhibit A. English Translation of Subscription Agreement dated February 12, 2021, by and between the Issuer and Grand Elec-Tech Limited (incorporated by reference to Exhibit 10.30 of the Issuer's Registration Statement on Form F-1/A (File No. 333-259129) filed with the U.S. Securities and Exchange Commission on October 1, 2021)</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Mei Kanayama</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mei Kanayama</signature>
          <title>Mei Kanayama</title>
          <date>01/27/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
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</SEC-DOCUMENT>
