Very interesting, and a series that has me particularly compelled.
Reading over the first translated chapter, and having also seen some of the proceeding raws too, I think this story has a good deal of potential.
Noting a singular quality, I would like to highlight a few elements. The interesting use of the fairy tail upon which to base such a story, the often shadowy, surreal ambience mingled with everyday mundanity and the hints of a growing disjunction, not only between forms, but also mentally give this story a gravity which is intriguing; particularly as someone who appreciates transformation narratives concerning identity, consciousness and the psyche.
Also, the recurring motif relating to shoes/feet of the transformee, ill-humoured Haruhiko Hanna, deploys a potent, though somewhat underplayed at least to me, symbolism regarding his/her change and predicament.
Overall, I think this will prove to be a interesting and nuanced narrative, at least from what I've seen
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Alchemical Night.