BloomZ Inc (BLMZ) Announces CFO Transition

BloomZ Inc. (NASDAQ: BLMZ) ("BloomZ" or the "Company"), a Japanese audio production and voice actor management company, today 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.

"On behalf of BloomZ, I am delighted to announce Mr. Muranaga as our new CFO," said Kazusa Aranami, CEO of BloomZ. "Mr. Muranaga brings his profound experience and ability to help execute our long-term growth strategy, with his strong finance background as a certified public accountant in Japan, a former CFO with experiences in corporate restructuring and fundraising activities, and having already been deeply ingrained with the BloomZ story throughout our IPO. I would also like to thank Mr. Sawai for his services to the Company throughout our IPO process."

Mr. Muranaga added, "I am very excited about my new role during a pivotal time for the Company. Having worked closely throughout the IPO process, I look forward to executing our long-term organic growth strategy and inorganic expansion."

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