FHT holdings Corp. (TSE:3777) agreed to acquire Life Energy Co., Ltd. from Kagawa Electric Power Company, Inc. for ¥9.9 million on November 8, 2022. For the year ending March 31, 2022, Life Energy had negative net worth of ¥1.85 million, total assets of ¥2.33 million, revenues of ¥0.27 million, negative EBIT of ¥1.35 million and net loss of ¥1.48 million.