There is once crucial tool lacking here: an utility for converting BMP image files into BFT image files (for the individual character and object sprites, in addition for customizing the on-screen gaiji font). Many years ago, I wrote a C program for converting BFT into BMP, but not the other way around. But I cannot locate that utility anymore: it is held hostage in a non-responsive hard drive in my possession. And I don?t currently have US$ 3000 for retrieving data from that HDD
Actually, not all BFT files are single-image sprites, they are more like sprite collections sharing a common 16-color palette.
Fortunately, before this HDD crashed, I was able to use that utility of mine to convert all BFT files from all Tōhō games from TH02 to TH05 into BMP files which I saved to a USB thumbdrive that still survives as of today; the original BFT files are also in my safe possession. If anyone needs them, I can share them here.