In "Tokyo Revengers," time travel plays a crucial role in allowing the protagonist, Takemichi, to revisit his past and prevent certain events from happening. By going back in time, Takemichi is able to explore the consequences of his past actions and make different decisions to change the future. This mechanism of time travel serves as a key plot device in the story, as it highlights the importance of taking responsibility for one's actions and the opportunity for redemption and growth.