BloomZ Inc. Appoints Ryoshin Nakade as Co-Chief Executive Officer and Co-Chairman of the Board

Rhea-AI Summary

BloomZ (NASDAQ: BLMZ), a Japanese audio production, VTuber, entertainment, and voice actor management company, has appointed Ryoshin Nakade as co-Chief Executive Officer and co-Chairman of the Board, effective March 7, 2025. Nakade will serve alongside current co-CEO Kazusa Aranami.

The appointment aims to address resource constraints that the company's growth opportunities in fiscal year 2024. Nakade brings a multidisciplinary background in technology, law, and finance, currently serving as Chairman of Tokyo Robot Co. and holding positions at Wintech General Research Institute and Japan University of Economics Graduate School of Business.

In his new role, Nakade will focus on:

• Strengthening and advising the management team
• Pursuing strategic capital raising opportunities
• Exploring new business alliances and partnerships

Positive

• Appointment of experienced executive with diverse background in technology, law, and finance
• Strategic focus on capital raising and new business partnerships
• Maintained business growth during FY2024
• Strengthened C-suite expertise to address resource constraints

Negative

• Resource constraints growth opportunities in FY2024
• New co-CEO structure may create potential leadership challenges

TOKYO, JAPAN / ACCESS Newswire / March 10, 2025 / BloomZ Inc. (NASDAQ:BLMZ) ("BloomZ" or the "Company"), a Japanese audio production, VTuber, entertainment, and voice actor management company, announced the appointment of Ryoshin Nakade as the co-Chief Executive Officer and co-Chairman of the Board, effective March 7, 2025. In this role, Mr. Nakade will serve alongside co-Chief Executive Officer Kazusa Aranami to lead the Company into its next phase of growth.

"On behalf of BloomZ, I am pleased to announce and welcome Ryoshin Nakade as our new co-CEO and co-Chairman of the Board," said BloomZ co-CEO Kazusa Aranami. "While our business grew during fiscal year 2024, we encountered some limitations in fully capitalizing on additional opportunities, due to resource constraints. Welcoming Mr. Nakade is a pivotal step in elevating our C-suite-level experience, as we expect his leadership will support the successful execution of our ongoing initiatives. Mr. Nakade's multidisciplinary background across technology, law, and finance is anticipated to bring us a new perspective and drive BloomZ toward scalable growth."

While severing the Company, Mr. Nakade currently also serves as the Chairman of Tokyo Robot Co., Ltd. Prior to joining the Company, Mr. Nakade was a founding member of AURA Lawyer Corporation. Mr. Nakade began his career as a staff member of The Azuma, a Japanese Certified Public Accountant office, and served in numerous leadership roles, including director, general manager, and senior advisor at AIP Securities, Samurai Securities, and IS Securities, respectively. In addition, Mr. Nakade currently holds positions as a representative at Wintech General Research Institute and an Institute of Intelligence and Management Researcher at Japan University of Economics Graduate School of Business.

Mr. Nakade commented: "I am honored to have the opportunity to lead this organization alongside Ms. Aranami, whose over decade-long industry experience will continue to be invaluable for BloomZ's growth. I am excited to implement strategies that I believe will fuel expansion and capitalize on new business opportunities across each business segment. My primary focus will be strengthening and advising the management team, pursuing strategic capital raising opportunities, and exploring new business alliances and partnerships. I look forward to working closely with Ms. Aranami and the entire BloomZ team to deliver long-term value for our shareholders."

About BloomZ Inc.

BloomZ is a Cayman Islands holding company with an operating subsidiary, Kabushiki Kaisha BloomZ ("BloomZ Japan"), in Japan. BloomZ Japan is a Japanese audio producing and voice actor and VTuber managing company. BloomZ Japan has experienced staff who have worked on audio production for animations and video games for more than 10 years. BloomZ Japan also manages, cultivates and promotes voice actors and VTubers.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as "will," "expects," "anticipates," "aims," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

BloomZ Investor Contact

John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
Email: bloomz@gateway-grp.com

SOURCE: BloomZ

View the original press release on ACCESS Newswire

FAQ

Why did BloomZ (BLMZ) appoint a new co-CEO in March 2025?

BloomZ appointed Ryoshin Nakade as co-CEO to address resource constraints that growth opportunities in FY2024 and to bring additional C-suite experience for executing ongoing initiatives.

What is Ryoshin Nakade's background before joining BloomZ (BLMZ)?

Nakade was Chairman of Tokyo Robot Co., a founding member of AURA Lawyer , and held leadership roles at AIP Securities, Samurai Securities, and IS Securities.

What are the main responsibilities of BloomZ's (BLMZ) new co-CEO Ryoshin Nakade?

Nakade will focus on strengthening management, pursuing capital raising opportunities, and exploring new business alliances while co-leading with Kazusa Aranami.

How will the dual CEO structure work at BloomZ (BLMZ)?

Ryoshin Nakade will serve alongside co-CEO Kazusa Aranami, combining Nakade's multidisciplinary expertise with Aranami's decade-long industry experience.