Exhibit
10.36


 


Lease Agreement between Yoshitsu Co., Ltd and
Seihinkokusai Co., Ltd dated June 25, 2021


 


	-	Lessor: Seihinkokusai Co., Ltd
	 	 



	-	Lessee: Yoshitsu Co., Ltd
	 	 



	-	Details of rental property and fee
	 	 



		●	Name:
Harumi Triton Square Office Tower, Building W
	 	 	 



		●	Rental
Floor: 16th Floor
	 	 	 



		●	Usage:
Office
	 	 	 



		●	Period
of the Contract: August 1, 2021 to July 31, 2024
	 	 	 



			(Rent Free Period: August 1, 2021 to March 31, 2022)
	 	 	 



		●	Rental
Fee: JPY1.4 million  per month
	 	 	 



		●	Parking
Lot Fee: JPY22,000 per month
	 	 	 



		●	Security
Deposit: JPY14 million
	 	 	 



		●	The
Lessee shall bare all the tax and cost in the Contract.
	 	 	 



		●	Rent
for a period less than one month shall be calculated on a daily basis with one month as 30 days.



 


Contract Terms


 


(Conclusion of the Contract)


 


	-	The content is described above.



 


(Contract Period)


 


	-	Contract Period is described  above.
	 	 



	-	The Contract ends when the period expires. However, Lessor and Lessee
can enter into a new contract.



 


(Rental Fee)


 


	-	 The Lessee shall pay the Lessor the rental fee as described above. 
	 	 



	-	 Both the Lessee and the Lessor shall have the authority to revise the
rental fee if the following happened:
	 	 



		●	When
the rent becomes unreasonable due to an increase or decrease in taxes or other burdens on the land or building;
	 	 	 



		●	When
the rent becomes unreasonable due to an increase or decrease in the value of land or building or other changes in economic circumstances; or
	 	 	 



		●	When
the rent is unreasonable compared to the rent of a building of the same type in the vicinity.



 


(Security Deposit)


 


	-	 The Lessee shall pay the Lessor the security deposit as described above.
	 	 



	-	When there is a balance after deducting all debts arising
from this Contract from the security deposit, it shall be returned to the Lessee.
	 	 



	-	If the Lessee does not meet the obligations arising from
this agreement, the Lessor shall use the security deposit to repay the obligations.



 






     


     


    

 


(Prevention of Antisocial
Forces)


 


	-	 Lessor and Lessee each declares that it does not fall under any of
the categories of an organized crime group, a member of an organized crime group, a person for whom five years have not elapsed since
the time the person ceased to be a member of an organized crime group, an associate of an organized crime group, a company affiliated
with an organized crime group, a corporate racketeer, a hoodlum disguised as a supporter of a antisocial movement, a white-collar crime
group, or any other person/entity similar to any of the above (hereinafter collectively referred to as an “Organized Crime Group
Member”), or falls under any of the following categories, at present and assures the same into the future:



 


		(i)	 an entity that has a recognizable relationship with an Organized Crime
Group Member, in which the management of the entity is controlled by the Organized Crime Group Member;



 


		(ii)	 an entity that has a recognizable relationship with an Organized Crime
Group Member, in which the Organized Crime Group Member, is substantially involved in the management of the entity;



 


		(iii)	an
entity or person that has a recognizable relationship with an Organized Crime Group Member, in which the entity or person wrongfully
uses an Organized Crime Group Member, for such purposes as unfairly benefiting the entity or person itself, the entity’s or the person’s
own company or a third party or causing damage to a third party;



 


		(iv)	 an entity or person that has a recognizable relationship with an Organized
Crime Group Member, in which the entity or person provides funds or other benefits to the Organized Crime Group Member; or



 


		(v)	 an entity of which a board member or any other person who is substantially
involved in the management of the entity has a socially condemnable relationship with an Organized Crime Group Member.



 


	-	The Lessee shall not transfer all or part of the property to
any antisocial force.



 


(Prohibited or Restricted Acts)


 


		-	Lessee shall not assign the lease right or use it as collateral
for all or part of the property without the written consent of the Lessor.



 


		-	Lessee shall not expand, relocate, or remodel the property or
install any work on the property’s premises without the written consent of the Lessor.



 


		-	Lessee shall not change the usage of the building without the
written consent of the Lessor.



 


		-	Lessee shall not take any action that bothers its neighbors.



 


		-	In using the common area of the property or the building, the
following acts must not be performed without obtaining the written consent from the Lessor:



 


		●	Placing
items in common areas, such as stairs and corridors,



 


		●	Posting
of advertising materials such as signboards and posters in common areas, such as stairs and corridors.



 






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(Lessee’s
Management Obligation)


 


	-	Lessee is obliged to use the property with the care of a good
manager.



 


	-	Lessee shall pay attention to fire prevention.



 


	-	Lessee shall comply with Lessor’s associations and bylaws
of use.



 


	-	Lessee bears the cost of re-installation when the key is lost.



 


	-	Lessee shall not change the key to the building without permission
of the Lessor.



 


(Repairs during the Contract Period)


 


	-	 Generally, Lessor bears repairing fees except for repairs due to reasons
attributable to Lessee.



 


(Cancellation from
Lessor)


 


	-	 The Lessor may terminate the Contract when the Lessor has notified
the Lessee of its performance of the obligations under the Contract, but the Lessee’s payment obligations are not fulfilled.



 


(Cancellation from
Lessee)


 


	-	 Lessee may cancel this Contract by providing the Lessor 3 months’
advance notice.



 


(Rent Reduction due to Partial Loss and Similar
Situation)


 


	-	When a part of the property becomes unusable due to loss or other
reasons, and it is not the fault of the Lessee, then the rent shall be reduced according to the percentage of unusable parts of the
property.



 


	-	If the remaining portion cannot achieve the purpose of renting,
this Contract may be canceled by the Lessee.



 


(Termination of Contract)


 


	-	 If the property becomes unusable, the Contract will be terminated.



 


(Property Returning)


 


	-	 The Lessee must notify Lessor at least 10 days before the date of returning
the property to Lessor.



 


(Restoration of Property)


 


	-	The Lessee must remove the equipment installed for business purposes
before returning the property.



 


(Entry of
Property)


 


	-	The Lessor can enter the property with the prior consent of Lessee
when there is a particular need for fire protection of the property, maintenance of the structure of the property, or other management
of the property.



 


	-	 The Lessee shall not refuse the entry of Lessor based on the provisions
of the preceding paragraph unless there is a justifiable reason.



 






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(Lessor’s Obligation to Notify Lessee)


 


	-	The Lessor must immediately notify Lessee if there is any change of
the rent payment method or the owner of the property.



 


(Lessee’s Obligation to Notify Lessor)


 


	-	The Lessee shall immediately notify Lessor when Lessee has a name change,
merger, or significant change in business purpose at the time of the conclusion of this contract.



 


(Overdue Penalty)


 


	-	If the Lessee delays the payment of the monetary debt arising from
this agreement, Lessee shall pay the delinquent damages in the rate of 14.6% per year (where one year is calculated as 365 days).



 


(Disclaimer)




 


	-	For disasters such as earthquakes, fires, storms and floods, theft,
power outages, and other reasons not attributable to both parties or accidents recognized as force majeure, or to the responsibility of
Lessor or Lessee, neither Lessor nor Lessee shall be liable to each other for damages to Lessor or Lessee caused by a failure of equipment
such as electricity, gas, water supply and drainage.



 


 (Discussions)




 


	-	 If there is any doubt about the interpretation of matters not stipulated
in this Contract or the provisions of this Contract, Lessor and Lessee shall discuss and resolve in good faith in accordance with the
Civil Code and other laws and practices.



 


(Court of Jurisdiction)


 


	-	When it becomes necessary to file a proceeding regarding a dispute
arising from this Contract, the local (summary) court having jurisdiction over the location of the property shall be the court of first
instance jurisdiction.


 


 


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