Quarterly ResultJul 10, 2026, 07:51 AM
Tokyo Lifestyle FY26 Revenue $373.2M (+77.6%); Net Income $0.7M
AI Summary
Tokyo Lifestyle Co., Ltd. reported a 77.6% year-over-year increase in revenue, reaching $373.2 million for fiscal year 2026, driven by strong expansion in directly-operated stores, franchise network, and wholesale operations. Despite robust revenue growth and improved operating leverage, net income declined significantly to $0.7 million from $6.6 million in the prior year, primarily due to tax-related factors. The company emphasized its strategic shift towards an asset-light model, international expansion, and diversification of its product portfolio, with total assets increasing by 48%.
Key Highlights
- Total revenue increased by 77.6% to $373.2 million for fiscal year 2026.
- Net income decreased to $0.7 million for fiscal year 2026, from $6.6 million in fiscal year 2025.
- Basic earnings per share was $0.02 for fiscal year 2026, down from $0.16 in fiscal year 2025.
- Franchise stores and wholesale customers revenue grew by 86.9% to $346.7 million.
- Operating expenses as a percentage of total revenue improved to 6.7% from 9.1%.
- International sales accounted for 47.1% of total revenue in fiscal year 2026.
- Total assets increased by 48% during fiscal year 2026.
- Net cash used in operating activities was $10.3 million for fiscal year 2026.
Price Impact
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