Annuncio • Jan 31
Harrison Global Holdings Inc. announced delayed 20-F filing On 01/30/2026, Harrison Global Holdings Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Dec 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 73x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 112% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 73x increase in shares outstanding). Minor Risk Revenue is less than US$5m (JP¥182m revenue, or US$1.2m). Annuncio • Nov 22
Harrison Global Holdings Inc. (NasdaqCM:BLMZ) announces an Equity Buyback for $10 million worth of its shares. Harrison Global Holdings Inc. (NasdaqCM:BLMZ) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. Reported Earnings • Oct 06
First half 2025 earnings released: JP¥14.14 loss per share (vs JP¥1.65 loss in 1H 2024) First half 2025 results: JP¥14.14 loss per share (further deteriorated from JP¥1.65 loss in 1H 2024). Revenue: JP¥84.5m (down 31% from 1H 2024). Net loss: JP¥201.1m (loss widened JP¥182.7m from 1H 2024). New Risk • Sep 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (US$2.70m market cap). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (JP¥220m revenue, or US$1.5m). Annuncio • Aug 29
Harrison Global Holdings Inc. (NasdaqCM:BLMZ) agreed to acquire an unknown stake in Ecrux Venture Partners. Harrison Global Holdings Inc. (NasdaqCM:BLMZ) agreed to acquire an unknown stake in Ecrux Venture Partners on August 28, 2025.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board of Harrison Global Holdings Inc. Annuncio • Aug 08
BloomZ Inc. (NasdaqCM:BLMZ) agreed to acquire an unknown majority stake in Myth Korea Inc. BloomZ Inc. (NasdaqCM:BLMZ) agreed to acquire an unknown majority stake in Myth Korea Inc. on August 7, 2025. Annuncio • May 16
BloomZ Inc. announced that it expects to receive $50 million in funding BloomZ Inc. announced a private placement to issue 357,142,857 ordinary shares at a purchase price of $0.14 per share, over a 90-day issuance period for gross proceeds of 49,999,999.98 on May 15, 2025. The transaction has been approved by shareholders of company. The capital raise through a Private Investment in Public Equity (PIPE) transaction under Regulation S of the Securities Act of 1933. Annuncio • May 02
BloomZ Inc. announced a financing transaction BloomZ Inc. announced it has issued 99,850,000 shares through third party allotment on April 30, 2025. The transaction is expected to close in May 2025. The shareholding ratio before capital increase was 31.1% and after capital increase is 3.9%. Board Change • May 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Yuhi Mimura is the most experienced director on the board, commencing their role in 2023. Independent Director Toshiyuki Sugiyama was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Feb 27
BloomZ Regains Compliance with Nasdaq Continued Listing Standards BloomZ Inc. announced that it received formal notification from the Nasdaq Stock Market LLC (‘Nasdaq’) on February 19, 2025 that the Company has regained compliance with Nasdaq Listing Rule 5550(b), which requires the Company to meet at least one of the following standards: (1) stockholders' equity of at least $2.5 million; (2) market value of listed securities of at least $35 million; or (3) net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years. The Nasdaq staff made this determination of compliance based on the Company's Form 20-F for the fiscal year ended September 30, 2024, filed with the U.S. Securities and Exchange Commission (the ‘SEC’) on February 14, 2025, reporting the Company's stockholders' equity of $3,382,813 (converted from Japanese Yen as of September 30, 2024). Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(b) by complying with the minimum $2.5 million stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) and, therefore, this deficiency matter is now closed. Annuncio • Feb 02
BloomZ Inc. announced delayed 20-F filing On 01/31/2025, BloomZ Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Annuncio • Nov 21
Bloomz Completes Audio Production Animation Projects BloomZ Inc. completed the sound production for the animation project "Maou-sama, Retry! R" and "Goodbye, Dragon Life - Hello, Human Life," which both aired in October 2024. The two anime projects were highly anticipated across Japan and have garnered a strong following through their original light novels. The light novel "Maou-sama, Retry! R" sold 2.22 million copies, while "Goodbye, Dragon Life - Hello, Human Life" exceeded 1 million copies in sales. Audio production remains a high-margin, stable revenue stream for the Company, and involvement in the production of these popular projects further diversifies its project portfolio while strengthening BloomZ's brand and capabilities within the highly competitive animation industry. New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.34m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (47% average weekly change). Market cap is less than US$10m (US$9.34m market cap). Minor Risk Revenue is less than US$5m (JP¥189m revenue, or US$1.2m). New Risk • Oct 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.82m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥88m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Market cap is less than US$10m (US$9.82m market cap). Minor Risk Revenue is less than US$5m (JP¥189m revenue, or US$1.3m). Reported Earnings • Sep 24
First half 2024 earnings released: JP¥1.65 loss per share (vs JP¥1.44 loss in 1H 2023) First half 2024 results: JP¥1.65 loss per share (further deteriorated from JP¥1.44 loss in 1H 2023). Revenue: JP¥122.4m (up 97% from 1H 2023). Net loss: JP¥18.4m (loss widened 101% from 1H 2023). Annuncio • Sep 19
BloomZ Receives Nasdaq Notification Regarding Minimum Market Value of Listed Securities BloomZ Inc. ("BloomZ" or the "Company") announced that, on September 12, 2024, it received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC advising the Company that it is not in compliance with the minimum market value of listed securities ("Minimum Market Value of Listed Securities Requirement") set in Nasdaq Listing Rules for continued listing on The Nasdaq Capital Market ("Nasdaq"). Nasdaq Listing Rule 5550(b)(2) requires companies to maintain a minimum market value of listed securities of $35 million. Nasdaq Listing Rule 5810(c)(3)(C) provides that a failure to meet the Minimum Market Value of Listed Securities Requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the market value of listed securities of the Company from July 29, 2024 to September 11, 2024, the Company did not meet the Minimum Market Value of Listed Securities Requirement. The Notification Letter does not impact the Company's listing on Nasdaq at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has been provided 180 calendar days, or until March 11, 2025 (the "Compliance Period"), to regain compliance with Nasdaq Listing Rule 5550(b)(2), which will be satisfied if, at any time during the Compliance Period, the market value of the Company's ordinary shares ("Ordinary Shares") closes at $35 million or more for a minimum of ten consecutive business days. During the Compliance Period, the Company expects that its Ordinary Shares will continue to be listed and traded on the Nasdaq. The Company intends to monitor the market value of its Ordinary Shares between now and March 11, 2025, and its management is looking into various options available to regain compliance and maintain its continued listing. In the event the Company does not regain compliance by March 11, 2025, the Company will be subject to delisting; however, it may appeal the delisting determination to Nasdaq's hearings panel. The Company's business operations are not affected by the receipt of the Notification Letter. Annuncio • Aug 21
BloomZ Inc. Announces Chief Financial Officer Changes BloomZ Inc. announced the appointment of Minoru Muranaga as Chief Financial Officer (CFO), effective August 20, 2024. Mr. Muranaga will succeed Hideki Sawai, whose resignation was due to personal reasons and not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Mr. Muranaga has served as the accounting manager of Kabushiki Kaisha BloomZ, a wholly owned subsidiary of the Company, since July 2023. Prior to joining the Company, Mr. Muranaga worked as a manager at FORUM8 Co. Ltd., a Japanese software developer and supplier. Mr. Muranaga began his career at Aoyama Audit Corporation Pricewaterhouse and later became the CFO of EC-One Inc., where he oversaw initial public offerings ("IPOs"), fundraising, investor relations, management buyouts, and corporate restructuring, including M&A activities. Mr. Muranaga received his bachelor's degree in social science from Waseda University and is a certified public accountant in Japan. Buy Or Sell Opportunity • Jul 24
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at US$2.45. The fair value is estimated to be US$3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has declined by 366%.