Yoshitsu Co., Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetic, skin care, fragrance, body care, and other products; health products, including over-the-counter drugs, nutritional supplements, and medical supplies and devices; and other products comprising lingerie, home goods, food products, and alcoholic beverages. The company sells its products through directly operated physical stores, online stores, and franchise stores, as well as wholesale customers. As of June 30, 2021, it operated through 10 directly operated physical stores in Japan; 22 online stores in Japan and China; and 9 franchise stores in the United States, 6 franchise stores in Canada, 2 franchise stores in Hong Kong, and 1 franchise store in the United Kingdom, as well as approximately 116 wholesale customers in Japan, China, the United States, and Canada. The company was incorporated in 2006 and is headquartered in Tokyo, Japan.
IPO Year: 2022
Exchange: NASDAQ
Website: https://www.ystbek.co.jp
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Tokyo, Japan, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, mainland China, Japan, North America, and the United Kingdom, today announced that Mr. Mei Kanayama, the Principal Executive Officer of the Company, has issued a letter to shareholders highlighting the Company's recent accomplishments and plans for 2024. The full text of the letter follows. Dear Shareholders, As we embrace the post-pandemic resurgence of our business, it is my privilege to reflect on our journey and char
Tokyo, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. ("Tokyo Lifestyle" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced the launch of a new online sales platform for its Reiwatakiya brand in Canada. The platform, available at https://reiwatakiyatoronto.com, will serve as a one-stop online hub for North American customers, offering authentic Japanese health, beauty, and lifestyle products with local shipping options across North America. This launch represents a major miles
Tokyo, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. ("Tokyo Lifestyle" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced the launch of a new online sales platform for its Reiwatakiya brand in the UK. The platform, available at https://reiwatakiya.co.uk, will serve as a one-stop online hub for European customers to conveniently purchase Japanese health, beauty, and lifestyle products, with local shipping options available across Europe. This launch marks a significant milest
Tokyo, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd, "Tokyo Lifestyle" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced its plan to change the ratio of its American Depositary Shares ("ADSs") to its ordinary shares from one ADS representing one ordinary share to one ADS representing 10 ordinary shares (the "ADS Ratio Change"). The ADS Ratio Change will become effective on November 15, 2024 (the "Effective Date"). For the Company's ADS
TOKYO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd, "Tokyo Lifestyle" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced that the Company, through its Hong Kong subsidiary Tokyo Lifestyle Limited ("Tokyo Lifestyle HK"), has entered into a 5-year cooperation agreement (the "Agreement") on October 17, 2024, with Crossing Limited, a collectible card retailer and live-streaming distributor, to establish a joint venture (the "JV") named CROSS
TOKYO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced the upcoming opening of a new store under its "Reiwatakiya" brand (the "Store") at Fashion Show Las Vegas ("Fashion Show"). The Store is set to open in November 2024 at Fashion Show, a premier shopping, dining, and entertainment destination on the Las Vegas Strip. This move is expected to further strengthen the Company's presence in the U.S. market and enhance global b
TOKYO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced that on October 16, 2024, the Company, through its wholly-owned Hong Kong subsidiary Tokyo Lifestyle Limited ("Tokyo Lifestyle"), entered into a five-year strategic cooperation agreement (the "Agreement") with Saynoday Limited ("Saynoday"), a Hong Kong-based group specializing in the wholesale and retail of cosmetics and sundry products. This partnership aims to further
TOKYO, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products and other products in Hong Kong, Japan, North America, and the United Kingdom, today announced plans to change its corporate name to "Tokyo Lifestyle Co., Ltd." as part of its growth strategy in response to evolving market conditions and to strengthen its brand identity. The change will take effect on October 31, 2024. The Company's English name will be changed from "Yoshitsu Co., Ltd" to "Tokyo Lifestyle Co., Ltd.," and its Japanese name, "吉通貿易株式会社," will be changed t
TOKYO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced the official opening of two new franchise stores (the "Stores") under its "Reiwatakiya" brand in Hong Kong in September 2024. This expansion is expected to further enhance the Company's market presence and boost brand recognition in the region. Located in the shopping districts of Tsuen Wan and Admiralty, the Stores operate under a franchise model, aiming to offer hi
TOKYO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced that, on August 1, 2024, the Company, through its Hong Kong subsidiary, Tokyo Lifestyle Limited ("TLS"), entered into the following agreements with Grun Group Thailand Co. Ltd. ("Grun Thailand"), a professional brand marketing agency, to develop a network of franchise stores for beauty products in the Southeast Asia market under the "Tokyo Lifestyle" brand: (i) a trade
TOKYO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced that its Hong Kong subsidiary, Tokyo Lifestyle Limited ("TLS"), entered into a US$2.75 million loan agreement (the "Agreement") on July 10, 2024 with a wholly-owned subsidiary of Tasly (International) Healthcare Investment & Development Company Limited ("Tasly"), a pharmaceutical conglomerate based in China, to support TLS's future growth and development. Pursuant to
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TOKYO, July 16, 2024 /PRNewswire/ -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced its financial results for the fiscal year 2024 ended March 31, 2024. Mr. Mei Kanayama, Principal Executive Officer of Yoshitsu, commented, "I am thrilled to report that Yoshitsu has achieved outstanding success during fiscal year 2024. Our total revenue surged by 15.3%, and our income from operations increased by 601.3%, clear indicators of our robust growth and strategic e
Earnings Call Scheduled at 8:30 am U.S. Eastern Time on July 16, 2024 Tokyo, Japan, July 08, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced that it will release its financial results for fiscal year 2024 before the U.S. market opens on Tuesday, July 16, 2024. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (9:30 pm Japan Standard Time) on July 16, 2024.
TOKYO, Dec. 22, 2023 /PRNewswire/ -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, mainland China, Japan, North America, and the United Kingdom, today announced its unaudited financial results for the first six months of fiscal year 2024 ended September 30, 2023. Mr. Mei Kanayama, Principal Executive Officer of Yoshitsu, commented, "We believe it has been a dynamic first half of fiscal year 2024, marked by a significant growth in revenue from physical stores and our strategic focuses on the asset-light business mode
Earnings Call Scheduled at 8:30 am U.S. Eastern Time on December 22, 2023 Tokyo, Japan, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products in Hong Kong, mainland China, Japan, North America, and the United Kingdom, today announced that it will release its unaudited financial results for the first six months of fiscal year 2024 before the U.S. market opens on Friday, December 22, 2023. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (10:30 pm Japan Standard Time) on Dec
TOKYO, July 31, 2023 /PRNewswire/ -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products in Japan, today announced its financial results for the fiscal year ended March 31, 2023. Mr. Mei Kanayama, Principal Executive Officer of Yoshitsu, commented, "I am pleased to present our financial results for fiscal year 2023. Despite the challenges of the global pandemic, we demonstrated resilience and strategic agility in adapting to market changes. In light of the impact of a COVID-19 resurgence on our global operations, we have shifted our geographic market strategy to focus to
TOKYO, March 24, 2023 /PRNewswire/ -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products in Japan, today announced its unaudited financial results for the first six months of fiscal year 2023 ended September 30, 2022. Mr. Mei Kanayama, Principal Executive Officer of Yoshitsu, commented, "During the first six months of fiscal year 2023, our online sales revenue generated from the Chinese market was significantly impacted by the resurgence of COVID-19. To navigate the challenging conditions we faced, we actively shifted our business strategy to focus on selling our produc
Earnings Call Scheduled for 8:30 am U.S. Eastern Time on March 24, 2023 Tokyo, Japan, March 20, 2023 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, and other products in Japan, today announced that it will release its financial results for the first six months of the fiscal year 2023 before the U.S. market opens on Friday, March 24, 2023. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (9:30 pm Japan Standard Time) on March 24, 2023. To attend this earnings conference call, please use the information bel
Earnings Call Scheduled for 8:30 am U.S. Eastern Time on August 15, 2022 Tokyo, Japan, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as other products in Japan, today announced that it will release its financial results for fiscal year 2022 before the U.S. market opens on Monday, August 15, 2022. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (9:30 pm Japan Standard Time) on August 15, 2022. To attend this earnings conference call, please use the information below for dial-in access.
Earnings Call Scheduled for 8:00 am U.S. Eastern Time on March 29, 2022 Tokyo, Japan, March 14, 2022 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (NASDAQ:TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as other products in Japan, today announced that it will release its unaudited financial results for the first six months of fiscal year 2022 before the U.S. market opens on Tuesday, March 29, 2022. The Company will host an earnings conference call to discuss its financial results at 8:00 am U.S. Eastern Time (9:00 pm Japan Standard Time) on March 29, 2022. To attend this earnings conference call, please use the information below
Yoshitsu Co., Ltd (NASDAQ:TKLF) shares are trading higher Tuesday after the company reported a year-over-year increase in its fiscal year financial results. The Details: Yoshitsu reported quarterly earnings of 20 cents per share, representing a 190.91% increase from the same period last year. The company reported $195.68 million in sales for the quarter which is a 15.29% increase over sales from the same period last year. Yoshitsu said revenue from directly-operated physical stores increased by 28.8%, to $15 million for fiscal year 2024, up from $11.6 million in 2023. The increase was mainly due to its newly offered luxury products, which contributed a significant portion of increas
U.S. stocks traded mostly higher toward the end of trading, with the Dow Jones index surging more than 650 points on Tuesday. The Dow traded up 1.63% to 40,865.59 while the NASDAQ fell 0.11% to 18,452.31. The S&P 500 also rose, gaining, 0.37% to 5,652.28. Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-Dividend Yields Leading and Lagging SectorsIndustrials shares jumped by 2.3% on Tuesday. In trading on Tuesday, information technology shares fell by 0.8%. Top Headline Morgan Stanley (NYSE:MS) reported better-than-expected second-quarter results. Morgan Stanley reported second-quarter EPS of $1.82, up from $1.24 a yea
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U.S. stocks traded higher this morning, with the Dow Jones index rising more than 400 points on Tuesday. Following the market opening Tuesday, the Dow traded up 1% to 40,614.31 while the NASDAQ rose 0.14% to 18,498.00. The S&P 500 also rose, gaining, 0.33% to 5,649.84. Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-Dividend Yields Leading and Lagging SectorsIndustrials shares jumped by 1.2% on Tuesday. In trading on Tuesday, energy shares fell by 0.6%. Top Headline U.S. retail sales came in flat month-over-month for June compared to a revised 0.3% gain in the previous period. Equities Trading UP
Yoshitsu Co (NASDAQ:TKLF) reported quarterly earnings of $0.20 per share. This is a 190.91 percent increase over losses of $(0.22) per share from the same period last year. The company reported $195.68 million in sales this quarter. This is a 15.29 percent increase over sales of $169.72 million the same period last year.
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