GEONEXT Corporation cancelled the acquisition of a solar power generation plant located in Chiba Prefecture.

Environment Friendly Holdings Corp, formerly known as FHT Holdings Corp, is a Japan-based company engaged in resource and energy business, environmental business, and information technology (IT)-related business. The Company operates through three business segments. The Resources and Energy segment is engaged in biomass and sorghum business, electricity retail business, the development and operation of solar power plants, and consulting business. The Environmental segment is engaged in the installation, maintenance, and repair work of multi-story parking lots, as well as the management and equipment maintenance of condominiums and office buildings. The IT-related segment is engaged in the purchase and sale of new and used home appliances, the provision of solutions and support, as well as cyber security business. The Company also operates infrastructure tech business that handles telecommunications work, electrical work, construction and others related to its businesses.