| Schedule of Related Party Transactions |
The Company’s relationships with related parties who had transactions with the Company are summarized as follows: | Name of Related Party | | Relationship to the Company | | Mr. Mei Kanayama | | Representative director, director, and controlling shareholder | | DinnerBank Co., Ltd. (“DinnerBank”) | | An entity of which Mr. Kanayama’s wife is a director and the representative director | | Palpito | | An equity investment entity of the Company, which was sold to DinnerBank on June 30, 2023. | | Shintai Co., Ltd. | | The entity’s representative director is Mr. Kanayama’s wife before April 30, 2023. | | Tokushin G.K. | | A shareholder of the Company. | | Crossing Cards | | An equity investment entity of the Company | | Takuetsu Kokusai Co., Ltd. | | The entity’s representative director is Mr. Kanayama’s wife | Accounts receivable, net – related parties consisted of the following: | Name | | March 31,
2026 | | | March 31,
2025 | | | DinnerBank | | $ | 4,866 | | | $ | 105 | | | Takuetsu Kokusai Co., Ltd. | | | - | | | | 12 | | | Subtotal | | | 4,866 | | | | 117 | | | Less: allowance for credit losses | | | - | | | | - | | | Total accounts receivable, net –related parties | | $ | 4,866 | | | $ | 117 | | Due from related parties consisted of the following: | Name | | March 31,
2026 | | | March 31,
2025 | | | DinnerBank (1) | | $ | 1,216,228 | | | $ | 476 | | | Takuetsu Kokusai Co., Ltd. | | | 725 | | | | 732 | | | Total due from related parties | | $ | 1,216,953 | | | $ | 1,208 | | Accounts payable – related parties consisted of the following: | Name | | March 31,
2026 | | | March 31,
2025 | | | DinnerBank | | $ | - | | | $ | 2,678,588 | | | Crossing Cards | | | 154 | | | | - | | | Total accounts payable – related parties | | $ | 154 | | | $ | 2,678,588 | | Due to related parties consisted of the following: | Name | | March 31,
2026 | | | March 31,
2025 | | | Mr. Mei Kanayama | | $ | 418,627 | | | $ | 13,930 | | | Tokushin G.K. | | | 6,443 | | | | 3,328 | | | DinnerBank | | | 1,086 | | | | 10,420 | | | Total due to related parties | | $ | 426,156 | | | $ | 27,678 | | Due to related parties – non-current consisted of the following: | Name | | March 31,
2026 | | | March 31,
2025 | | | Tokushin G.K. (1) | | $ | 1,885,800 | | | $ | - | | | Mr. Mei Kanayama (2) | | | 956,633 | | | | - | | | Total due to related parties | | $ | 2,842,433 | | | $ | - | | | f. | Sales to related parties | | | | For the Fiscal Years Ended March 31, | | | Name | | 2026 | | | 2025 | | | 2024 | | | DinnerBank | | $ | 2,879 | | | $ | 7,840,934 | | | $ | 5,992,219 | | | Palpito | | | - | | | | - | | | | 14,774 | | | Takuetsu Kokusai Co., Ltd. | | | 1,816 | | | | - | | | | - | | | Total revenue from related parties | | $ | 4,695 | | | $ | 7,840,934 | | | $ | 6,006,993 | | | g. | Purchase from related parties |
| | | For the Fiscal Years Ended March 31, | | | Name | | 2026 | | | 2025 | | | 2024 | | | Crossing Cards | | $ | 399,422 | | | $ | 574,048 | | | $ | - | | | DinnerBank | | | 363,680 | | | | 9,920,906 | | | | 445,980 | | | Takuetsu Kokusai Co., Ltd. | | | 279 | | | | - | | | | - | | | Total purchase from related parties | | $ | 763,381 | | | $ | 10,494,954 | | | $ | 445,980 | | The Company entered into two rental agreements with DinnerBank for its warehousing space, directly-operated physical stores and office space. | | | | | Monthly Rent | | | Monthly Rent | | | Lessee | | Rent Period | | YEN | | | USD | | | Tokyo Lifestyle Co., Ltd. | | February 16, 2026 - June 30, 2026 | | ¥ | 900,000 | | | $ | 5,973 | | | Tokyo Lifestyle Co., Ltd. | | March 18, 2026 - March 31, 2031 | | | 5,500,000 | | | | 36,504 | |
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