TOKYO KOATSU Co., Ltd. (TSE:7139) agreed to acquire Industrial gas sales and related equipment sales business operated by Hokkai Shoji Co., Ltd. for ¥44 million on March 18, 2024. Industrial gas sales and related equipment sales business operated by Hokkai Shoji Co., Ltd. reported sales of ¥19 million and Operating loss of ¥4 million on fiscal year ending March 2023. Transaction is expected to complete on April 1, 2024.