Hokuriku Electrical Construction Co.,Ltd. (TSE:1930) agreed to acquire Kambara Setsubi Kogyo, K.K. on November 25, 2022. For the period ended March 31, 2022, Kambara Setsubi Kogyo reported total assets of ¥540 million, sales of ¥420 million, EBIT of ¥36 million, net income of ¥29 million, net assets of ¥360 million. The transaction is expected to close on December 1, 2022.