Harrison Global Holdings Inc. Commences Due Diligence for Subsidiary Acquisition and Strategic Partnership with Idealize Co., Ltd.
Rhea-AI Summary
Harrison Global Holdings (NASDAQ:BLMZ), a Japanese audio production and VTuber entertainment company, has initiated due diligence for a planned subsidiary acquisition of Idealize Co., Ltd., a veteran event operations and audio-visual production company based in Kochi Prefecture.
Founded in 1991, Idealize brings over 30 years of experience in sound and video production services, specializing in events, forums, radio programs, and TV commercials. The strategic partnership aims to expand VTuber events, develop hybrid live-streaming solutions, launch regional media strategies, and implement multilingual solutions across multiple sectors.
The collaboration will combine Harrison Global's technological capabilities with Idealize's local network and broadcasting relationships to strengthen its presence in Japan's regional markets.
Positive
- Strategic expansion into regional Japanese markets through Idealize's established local network
- Access to Idealize's 30+ years of industry experience and expertise
- Potential for new revenue streams through hybrid events and multilingual solutions
- Enhanced production capabilities and broader reach for VTuber talent
Negative
- Due diligence and negotiations still pending with no guaranteed completion
- No financial terms or acquisition value disclosed
- Integration challenges may arise when merging two different operational cultures
News Market Reaction
On the day this news was published, BLMZ gained 30.95%, reflecting a significant positive market reaction. Argus tracked a peak move of +87.2% during that session. Our momentum scanner triggered 63 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $5M at that time. Trading volume was exceptionally heavy at 8.5x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
TOKYO, JAPAN / ACCESS Newswire / July 21, 2025 / Harrison Global Holdings Inc. (NASDAQ:BLMZ) ("Harrison Global" or the "Company"), a Japanese audio production, VTuber, entertainment, and voice actor management company, announced it has commenced due diligence procedures for a planned subsidiary acquisition and strategic business partnership with Idealize Co., Ltd. ("Idealize"), a Japanese event operations, audio and visual production company.
Idealize Co., Ltd. Overview
Founded in 1991, Idealize is a seasoned production company based in Kochi Prefecture, Japan, specializing in event planning and professional audio-visual services. With over three decades of experience, Idealize has built a strong foundation in providing sound and video production services for various events, forums, radio programs, and TV commercials, as well as original song and logo production. Idealize is a licensed wireless microphone operator and a registered member of the Specified Radio Microphone Operation Coordination Organization.
Acquisition Summary and Rationale
Expansion of in-person events featuring VTubers and virtual characters
Development of hybrid events that integrate real-time sound production with live streaming services
Launch of regional revitalization media strategies to broadcast locally produced radio and media content to national and global audiences
Implementation of multilingual solutions across education, entertainment, and event sectors
By tapping into Idealize's extensive local network in the Kochi Prefecture and its established relationships with regional broadcasters, the Company aims to strengthen its footprint in Japan's regional markets. This collaboration will merge Harrison Global's technological capabilities in sound and VTuber production with Idealize's deep-rooted experience to drive innovation and multi-dimensional growth across the country's media and event landscape.
In the coming weeks, both parties will engage in a detailed due diligence process and begin negotiations toward a formal agreement regarding the subsidiary acquisition and strategic partnership.
Management Commentary
"Building on the momentum of our recent strategic partnerships and ventures, we are excited to begin due diligence on a potential acquisition and collaboration with Idealize," said Harrison Global co-CEO Ryoshin Nakade. "With over three decades of experience in event planning, audio, and visual production, Idealize brings a wealth of industry knowledge and experience that aligns seamlessly with our core operations. This planned acquisition not only enhances our production capabilities, but also creates new avenues for our affiliated VTuber talent to reach wider audiences across Japan. Both teams are committed to a thorough due diligence process, with a shared goal of successfully integrating Idealize into the broader Harrison Global brand and operations."
About Harrison Global Holdings Inc.
Harrison Global Holdings Inc. (formerly BloomZ Inc.) is a holding company headquartered in the Cayman Islands, operating BloomZ Japan in Japan. BloomZ Japan is engaged in sound production for anime and games, as well as the management, training, and promotion of voice actors and VTubers. In recent years, it has also focused on developing and promoting next-generation entertainment businesses.
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.
Harrison Global Holdings Inc. Investor Contact
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
Email: bloomz@gateway-grp.com
SOURCE: Harrison Global Holdings Inc.
View the original press release on ACCESS Newswire
FAQ
What is the purpose of Harrison Global's acquisition of Idealize Co., Ltd.?
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