Totem Co., Ltd. and Ootomi Co., Ltd. acquired Happy Resort Co., Ltd from Econach Holdings Co.,Ltd. (TSE:3521) for Ñ10 million on January 30, 2023. Totem Co., Ltd. will acquire 180 shares and Ootomi Co.,Ltd. will acquire 20 shares of Happy Resort Co., Ltd. Happy Resort Co., Ltd reported a Operating Loss of Ñ7.8 million, Net Loss of Ñ22.15 million, Total Assets worth Ñ249.7 million and Net Liabilities of Ñ12.1 million in Fiscal year ending March 31, 2022. The transaction is expected to complete on February 1, 2023.