UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2025
Commission File Number: 001-41181
Tokyo Lifestyle Co., Ltd.
Harumi Building, 2-5-9 Kotobashi
Sumida-ku, Tokyo, 130-0022
Japan
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | English Translation of Press Release dated February 17, 2025 – Decision by the National Tax Tribunal |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: February 27, 2025
| Tokyo Lifestyle Co., Ltd. | ||
| By: | /s/ Mei Kanayama | |
| Name: | Mei Kanayama | |
| Title: | Representative Director and Director (Principal Executive Officer) |
|
2
Exhibit 99.1
February 17, 2025
5-9 kotobashi 2-chome, Sumida-ku, Tokyo, Japan
Tokyo Lifestyle Co., Ltd.
Representative Director and Director
Mei Kanayama
Decision by the National Tax Tribunal
Our company filed a request for review with the National Tax Tribunal on February 22, 2024, challenging the legality of the reassessment decision and the imposition of additional tax penalties (hereinafter referred to as the “Original Disposition”) issued by the Tokyo Regional Taxation Bureau on July 28, 2023.
In the review request, we argued that the Tokyo Regional Taxation Bureau’s decision was unlawful as it was based on factual errors that contradicted objective evidence and lacked reasonable grounds, making it subject to cancellation. On February 13, 2025, we received a ruling from the National Tax Tribunal, dated February 12, 2025, which upheld our request and annulled the disposition.
Regarding the Tokyo Regional Taxation Bureau’s indication of omissions in our consumption tax filings, some media reports in 2024 had suggested that a portion of the alleged omissions in our consumption tax filings involved malicious income concealment or falsification and concealment activities. However, with this ruling from the National Tax Tribunal, it has now been confirmed that such allegations were unfounded.
We expect the additional consumption tax paid due to the Original Disposition to be returned and are currently assessing the impact of this ruling on our company’s financial performance for the current fiscal year.
Our company remains committed to complying with all applicable laws and conducting business in a fair and transparent manner, striving to earn and maintain the trust of all stakeholders.
End of statement.