Tokyo Lifestyle Co., Ltd. Announces Representative Director’s Share Purchase
Tokyo Lifestyle (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty, health, sundry, luxury, and electronic products, announced that its Representative Director, Mr. Mei Kanayama, has purchased 110,784 American Depositary Shares (representing 1,107,840 ordinary shares) from the open market on January 28, 2025.
The company, which operates in Hong Kong, Japan, North America, and the United Kingdom, received a statement from Kanayama expressing his confidence in the company's long-term vision and strategy, emphasizing their focus on global expansion, product diversification, and commitment to delivering shareholder value.
Tokyo Lifestyle (Nasdaq: TKLF), un rivenditore e grossista di prodotti giapponesi di bellezza, salute, articoli vari, lusso ed elettronica, ha annunciato che il suo Direttore Rappresentante, il signor Mei Kanayama, ha acquistato 110.784 azioni di deposito americano (che rappresentano 1.107.840 azioni ordinarie) dal mercato aperto il 28 gennaio 2025.
L'azienda, che opera a Hong Kong, Giappone, Nord America e Regno Unito, ha ricevuto una dichiarazione da Kanayama, in cui esprime la sua fiducia nella visione e nella strategia a lungo termine dell'azienda, sottolineando il loro impegno per l'espansione globale, la diversificazione dei prodotti e la responsabilità nel fornire valore agli azionisti.
Tokyo Lifestyle (Nasdaq: TKLF), un minorista y mayorista de productos de belleza, salud, artículos varios, lujo y electrónicos japoneses, anunció que su Director Representante, el Sr. Mei Kanayama, ha comprado 110,784 Acciones de Depósito Americano (que representan 1,107,840 acciones ordinarias) en el mercado abierto el 28 de enero de 2025.
La empresa, que opera en Hong Kong, Japón, América del Norte y el Reino Unido, recibió una declaración de Kanayama, expresando su confianza en la visión y estrategia a largo plazo de la compañía, enfatizando su enfoque en la expansión global, la diversificación de productos y el compromiso de entregar valor a los accionistas.
도쿄 라이프스타일 (Nasdaq: TKLF)은 일본의 뷰티, 건강, 잡화, 고급 및 전자 제품의 소매 및 도매 업체로, 대표 이사인 메이 카나야마가 2025년 1월 28일에 시장에서 110,784개의 미국 예탁주식(1,107,840개의 보통주에 해당)을 구매했다고 발표했습니다.
홍콩, 일본, 북미 및 영국에서 운영되는 이 회사는 카나야마로부터 회사의 장기 비전과 전략에 대한 신뢰를 표현하는 성명을 받았으며, 글로벌 확장, 제품 다각화 및 주주 가치를 제공하겠다는 의지를 강조했습니다.
Tokyo Lifestyle (Nasdaq: TKLF), un détaillant et grossiste de produits de beauté, de santé, de diversification, de luxe et d'électronique japonais, a annoncé que son Directeur Représentant, M. Mei Kanayama, a acheté 110 784 Actions Déposées Américaines (représentant 1 107 840 actions ordinaires) sur le marché libre le 28 janvier 2025.
L'entreprise, qui opère à Hong Kong, au Japon, en Amérique du Nord et au Royaume-Uni, a reçu une déclaration de Kanayama exprimant sa confiance dans la vision et la stratégie à long terme de l'entreprise, soulignant leur concentration sur l'expansion mondiale, la diversification des produits et l'engagement à offrir de la valeur aux actionnaires.
Tokyo Lifestyle (Nasdaq: TKLF), ein Einzelhändler und Großhändler von japanischen Schönheits-, Gesundheits-, Alltags-, Luxus- und Elektronikprodukten, gab bekannt, dass sein Geschäftsführer, Herr Mei Kanayama, am 28. Januar 2025 im offenen Markt 110.784 amerikanische Hinterlegungsscheine (entsprechend 1.107.840 Stammaktien) gekauft hat.
Das Unternehmen, das in Hongkong, Japan, Nordamerika und im Vereinigten Königreich tätig ist, erhielt eine Erklärung von Kanayama, in der er sein Vertrauen in die langfristige Vision und Strategie des Unternehmens zum Ausdruck brachte und ihren Fokus auf globale Expansion, Produktdiversifizierung und das Engagement für die Schaffung von Aktionärswerten betonte.
- Significant insider buying: Representative Director purchased 110,784 ADSs, signaling management confidence
- Management's commitment to global expansion and product diversification strategy
- None.
Insights
The Representative Director's substantial purchase of 110,784 ADS (equivalent to 1,107,840 ordinary shares) represents a compelling insider buying signal that warrants attention. At current market prices, this investment amounts to approximately
The timing and scale of this purchase are particularly noteworthy for several reasons. First, insider purchases of this magnitude relative to market cap often signal strong management conviction in the company's underlying value and future prospects. Second, as TKLF continues its expansion in key markets like Hong Kong, Japan, North America and the UK, this investment suggests confidence in the company's execution capabilities across its diverse product portfolio.
From an investor perspective, this move could catalyze increased market confidence, as insider buying is historically one of the strongest signals of a company's potential undervaluation. The purchase is especially significant given TKLF's relatively small market cap, where such insider activity can have outsized impact on market sentiment. The diversified nature of TKLF's business across beauty, health, luxury and electronic products provides multiple growth vectors and this insider purchase suggests management sees substantial upside potential in their market strategy.
Tokyo, Japan, Feb. 04, 2025 (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 that Mr. Mei Kanayama, the Representative Director of the Company, has purchased from the open market 110,784 American Depositary Shares of the Company, representing 1,107,840 ordinary shares of the Company, as of January 28, 2025.
Mr. Mei Kanayama, Representative Director of Tokyo Lifestyle, commented, “This investment reflects my unwavering confidence in the long-term vision and strategy of Tokyo Lifestyle. As we continue to expand our global footprint and diversify our product offerings, my focus remains on driving sustainable growth and delivering maximum value for our shareholders.”
About Tokyo Lifestyle Co., Ltd.
Headquartered in Tokyo, Japan, Tokyo Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd) is 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. The Company offers various beauty products (including cosmetics, skincare, fragrance, and body care products), health products (including over-the-counter drugs, nutritional supplements, and medical supplies and devices), sundry products (including home goods), and other products (including food and alcoholic beverages). The Company currently sells its products through directly-operated physical stores, through online stores, and to franchise stores and wholesale customers. For more information, please visit the Company's website at https://www.ystbek.co.jp/irlibrary/.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Tokyo Lifestyle Co., Ltd.
Investor Relations Department
Email: ir@ystbek.co.jp
Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
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