FHT holdings Corp. (TSE:3777) agreed to acquire DLM Co., Ltd from Kenichi Yamanaka and Isamu Sumiya for ¥100 million on February 17, 2023. FHT holdings Corp will acquire 900 shares of DLM Co., Ltd. DLM Co., Ltd Reported Total Common equity of ¥40.83 million, Total assets of ¥1.4 billion, Turnover of ¥8.9 billion, Net Income of ¥31.8 million and EBIT of 142 million in November 2022.

The transaction is expected to Close on February 27, 2023.