CD Energy Direct Co.,Ltd. agreed to acquire electric power sales business in the Tokyo metropolitan area from Osaka Gas Co., Ltd. (TSE:9532) on January 30, 2020. As a part of the transaction, CD Energy will issue 0.06 million shares. As of March 31, 2019, electric power sales business reported sale of ¥156 million. The transaction is expected to be completed on July 1, 2020.