✦  Currently in beta. We welcome your feedback — hello@beluuga.ai ✦
Built by a banker, for bankers running deals on Japan.

95% of junior banking. Automated.
The judgment stays yours.

beluuga.ai pulls primary data straight from regulatory filings and timely disclosures, calendarizes it, and hands you a 95%-finished company profile, annotated stock chart, comps set, WACC, and DCF model — the 3am Excel grind is on us. The last 5%, the judgment that actually moves the deal, is still your call.
~4,000 listed Japanese companies.

Trusted by professionals like these

The grunt work is on us. The judgment is on you.

Public data isn't usable data. Yet.

Regulatory filings are public. Whether they're usable is another question. XBRL tags drift across companies. Account definitions break across fiscal years. beluuga.ai's real work is the unglamorous part: turning public filings into data that holds up under M&A scrutiny. • Normalizing XBRL tag variations across ~4,000 issuers (IFRS, US-GAAP, J-GAAP) • Continuous Vision-based audits of primary filings against our database

Built by a banker who's lived through it.

M&A since 1998. Morgan Stanley (Tokyo and New York), then a boutique advisory and a PE practice in Tokyo. beluuga.ai is built on the workflows that survived. The comps adjustments, the WACC builds, the DCF conventions that hold up across cycles — they're not features. They're scar tissue.

Fraction of the cost. Zero of the headcount.

No analyst salaries. No terminal fees. No vendor lock-in. Start from $300/mo, month-to-month, with deal-by-deal add-ons only when execution demands it.

Deploy today.

Transparent pricing. Register and deploy the same day. No opaque quotes, no implementation timelines, no negotiation. It just works.

Comparison with Existing Services

ComparisonMajor Data Servicesbeluuga.ai
Monthly Cost (per user)From ~$2,000From $300
FocusGeneral corporate researchBuilt for investment banking
CoverageBroad, domestic & internationalDeep focus on 4,000 listed Japanese companies
Data SourcesProprietary collection & processingPrimary sources: securities filings & timely disclosures
Contract Term3 months to 1 year minimum, prepaidMonth-to-month, pay as you go
Contracting EntityCorporate only (corporate email required)Individuals welcome (free email OK)
Time to DeployContract negotiation & training requiredSame-day access after registration
Free Trial / DemoUp to 1 week (card required)2-week free demo (no card)

* Pricing for major data services is a reference estimate based on publicly available information. Actual pricing varies by contract.

Solo(1 user)
$300
One seat. Full access. No annual commitment.
  • Full feature access
  • Complete coverage of ~4,000 listed Japanese companies
  • Single user
  • Month-to-month — cancel anytime
  • Bilingual (JA/EN) company profiles, AI-driven M&A analysis, annotated 5-year stock charts, LBO quick analysis, AI-generated comps, WACC
Get Started
Enterprise
ASK
Custom pricing — contact us
  • Full feature access
  • SSO / SAML authentication
  • Invoice billing
  • Custom environment & configuration
  • Unlimited members
  • Advanced access control & permissions
  • Dedicated support representative
Contact Us

How we deliver this quality at this price.

Honestly? AI alone wasn't enough. "If we just had the public filings, we'd be done." We thought that too. Then we tried it. XBRL tags drift across companies. Account definitions break across fiscal years. Consolidated and parent-only are harder to disambiguate than they should be. There's a deep gap between "publicly available" and "usable for analysis." beluuga.ai's real value isn't the novelty of AI. It's the unglamorous work of bridging that gap, one piece at a time — translating 20 years of "this number looks off" instincts into code, line by line.

A zero-headcount analysis team

Traditional data services run on armies of analysts manually processing filings. beluuga.ai replaces that with software pulling primary data directly from regulatory sources and processing it automatically, around the clock.

The gap between public and usable.

Across ~4,000 issuers, account names rename, accounting policies shift, segment hierarchies move, one-off items are case-by-case. The patient work of normalizing all of it — that's where the actual leverage lives. Not in any single piece of AI magic.

That's why this price, this quality.

Delivering high-quality data doesn't take dozens of analysts. It takes the right primary sources, the patient work to make them usable, and 20 years of "this number looks off" instinct. AI is the execution engine for all three.

Every phase of the deal. One platform.

From long-list screening to full execution-stage models. Agentic AI handles the analytical workflow — you stay focused on the deal.

Deal-Ready Company Intelligence

Agentic AI auto-generates six structured sections: business strengths, sell-side / buy-side strategic M&A value, financial overview, share price, ownership. Client-ready output in both Japanese and English, straight from the platform.

Detailed Stock Price Annotations

Up to 5 years of stock price history with AI-generated annotations on key price movements. View relative performance against TOPIX in one click.

Comps Built to IB Standards

Multi-year aggregation of EV/EBITDA, PER, PBR and more. Calendarization. Non-recurring adjustments. The rigour you'd expect from an IB analyst — done in seconds.

Comparable Selection, Reasoned by AI

Narrow comps candidates by sector, size, and profitability — AI proposes selections with clear rationale, dramatically improving your workflow efficiency.

Quick LBO Analysis

Slide to adjust acquisition premium, leverage levels, and repayment schedules — instantly simulate LBO feasibility. AI-generated commentary provides on-the-spot sanity checks.

Add-on

From Natural Language to an IB-Quality Model

Describe your assumptions in plain English. Agentic AI builds a detailed, multi-scenario DCF or LBO model in minutes. Full Excel export, formulas included.

Detailed Company Information for Your Company Profile (Sample)

P&L, B/S, Operating Metrics, and Credit Metrics — all in one view. Five-year trend charts are auto-generated.

beluuga.ai / Company Profile

西和電子工業Seiwa Electronics Industry Co.,Ltd.

6249 · President & CEO Taro Yamada
Company Overview
RepresentativePresident & CEO Taro Yamada
Employees8,420
Headquartersxxxx, Minato-ku, Tokyo
IndustryElectrical Equipment
Founded1962
Website
Business Description

A leading electronic components manufacturer specializing in automotive MLCCs (multilayer ceramic capacitors) with a 22% global market share. The accelerating shift to EVs has tripled per-vehicle component demand. Operates a 3-site global supply chain across North America and Southeast Asia, with advanced micro-layer technology as its core competitive edge.

J-GAAPLTM Calc.
P/L (¥mn)
FY21/3FY22/3FY23/3FY24/3FY25/3LTM
Revenue245,800258,200268,500275,200284,000287,600
Operating Profit32,10034,50036,20037,90039,80040,500
Depreciation14,20015,10016,80017,50017,20017,400
EBITDA46,30049,60053,00055,40057,00057,900
Net Income21,50023,20024,80025,60026,90027,300
B/S (¥mn)
FY21/3FY22/3FY23/3FY24/3FY25/3LTM
Cash & Deposits35,20038,10042,50045,80048,20049,500
Investment Securities12,80014,20015,50016,30017,10017,500
Total Debt98,50095,20092,80090,10088,50087,200
Adjusted Net Debt50,50042,90034,80028,00023,20020,200
Net Assets142,000152,800165,200178,500192,000196,800
Operating Metrics
FY21/3FY22/3FY23/3FY24/3FY25/3LTM
Revenue Growth5.0%4.0%2.5%3.2%3.4%
EBITDA Margin18.8%19.2%19.7%20.1%20.1%20.1%
EBIT Margin13.1%13.4%13.5%13.8%14.0%14.1%
Net Income Margin8.7%9.0%9.2%9.3%9.5%9.5%
Credit Metrics
FY21/3FY22/3FY23/3FY24/3FY25/3LTM
Leverage Ratio2.1x1.9x1.8x1.6x1.6x1.5x
Coverage Ratio8.2x9.1x9.8x10.5x11.2x11.5x
財務状況推移
Revenue Trend百万円
245,800258,200268,500275,200284,0005.0%4.0%2.5%3.2%FY21/3FY22/3FY23/3FY24/3FY25/3
Revenue TrendYoY
EBITDA百万円
46,30049,60053,00055,40057,00018.8%19.2%19.7%20.1%20.1%FY21/3FY22/3FY23/3FY24/3FY25/3
EBITDAEBITDAMargin
Net Income Trend百万円
21,50023,20024,80025,60026,9008.7%9.0%9.2%9.3%9.5%FY21/3FY22/3FY23/3FY24/3FY25/3
Net Income TrendNet Income TrendMargin

* Sample based on fictional company data

Stock Price Annotations (Sample)

AI automatically detects and explains stock price drivers — from earnings releases to activist movements, never miss a key event.

beluuga.ai / Stock Price
1Y3Y5Y
Stock Pricevs TOPIX
Hide annotations
2025/06/12+8.2%
Pre-earnings rally
2025/09/03+12.5%
Activist-driven buying pressure
2,0001,5001,0005006月9月12月3月6月9月12月3月6月9月202420252026
2025/11/18-6.3%
Activist stake increase pressure
2026/03/25-4.1%
Year-end selling pressure
2026/04/07-3.8%
US-China tariff risk resurfaces

* Sample based on fictional company data

AI Company Summary (Sample)

The following is a sample based on a fictional company. In production, summaries are generated from real-time data of listed Japanese companies.

beluuga.ai / AI Insights
AI INSIGHTS
AI Summary (Generated: March 14, 2026 10:42)
Business Strengths & Competitive Differentiation

Seiwa Electronic Industries' core strength lies in its commanding 22% global market share in automotive MLCCs (multilayer ceramic capacitors). The accelerating shift to EVs has tripled per-vehicle capacitor content, and the company's proprietary ultra-fine layering technology constitutes a formidable barrier to entry that competitors cannot easily replicate. Furthermore, its three-site manufacturing footprint spanning North America and Southeast Asia enables both geopolitical risk diversification and proximity-based supply to key OEM customers.

Strategic Value from a Buyer's Perspective

The primary appeal for a potential acquirer is the opportunity to acquire a ¥284B revenue electronic components business at a market capitalization of approximately ¥320B (EV of approximately ¥410B). Automotive MLCC demand is projected to grow at a 12% CAGR through 2030, and the current EV/EBITDA multiple of 7.2x represents an attractive valuation relative to sector peers.

Potential M&A Strategy as a Buyer

Potential M&A strategies include: (1) horizontal integration of passive component manufacturers beyond automotive MLCCs, (2) acquisition of local manufacturers in Southeast Asia and India to secure production bases, and (3) investment in startups with autonomous driving sensor technology.

Financial Overview

For FY2025/3, revenue increased 3.2% YoY to ¥284B, while operating profit rose 5.1% to ¥39.8B. The operating margin of 14.0% continues to outperform the industry average. EBITDA stands at approximately ¥57B with net debt of approximately ¥90B, resulting in a healthy net D/E ratio of 0.4x.

Share Price Trends & Market Sentiment

The current share price of ¥2,180 sits at the midpoint of the 52-week range of ¥1,850–¥2,420. The trailing PER of 18.4x is modestly above the electronic components sector median of 16.9x.

Shareholder Structure & Management

The founding family remains the largest shareholder with 18.3% of voting rights, contributing to management stability. Institutional investors hold 42% of shares outstanding, of which overseas institutions account for approximately 15%.

* Sample based on fictional company data

Comps Table (Sample)

beluuga.ai/comps
CompanySectorMarket CapEV/EBITDAPERRev Growth
Target CompanyElectronic Components¥580B7.2x18.4x+3.2%
Comparable AElectronic Components¥320B6.8x15.6x+2.4%
Comparable BElectronic Components¥1.2T7.9x22.1x+3.8%
Comparable CElectronic Components¥190B6.1x14.2x+2.7%
Median¥450B7.0x16.9x+3.0%
7.0x
EV/EBITDA Median
16.9x
PER Median
+3.0%
Rev Growth Median
4 companies
Comparables

Quick LBO Analysis (Sample)

Slide to adjust acquisition premium, leverage levels, and repayment schedules — instantly simulate LBO feasibility.

beluuga.ai / LBO Analysis

Premium-Adjusted EV Bridge

JPY Mn320,000Market Cap96,000+30%416,000PremiumMarket Cap87,200(+) Total Debt67,000(-) Cash &Inv. Securities436,200PremiumEV
Premium-Adj. Market Cap
416,000
Premium-Adj. EV
436,200
EV/EBITDA
5.9x
Premium-Adj. EV/EBITDA
7.5x
Premium30%

Required Acquisition Amount

JPY Mn00.0%Existing Stake277,47266.7%Required Acquisition66.7%416,000100%Super- majority (66.7%)PremiumMarket Cap
Current Stake0.0%
Acquisition Target
Majority of
Minority
Super- majority (66.7%)

USES VS SOURCES

JPY Mn277,472Required Acquisition13,874Fees291,346Uses59,746Equity57,900Mezz×1.0173,700SeniorSources57,900LTMEBITDA×4.0
Fee Rate5%
Senior3.0x
Mezz1.0x

Debt Paydown Schedule

JPY Mn87,200Existing DebtMezz 57,900Senior 173,700318,800Sources-46,900Cash Paydown271,900Beginning Balance1/738,843Annual Repay28,950ShortfallEBITDAfor Repay
Paydown %70%
Repayment Period
5Y7Y
EBITDA %50%

Summary

JPY Mn
Required Amount277,472
Advisory Fees (5%)13,874
Total Uses291,346
Senior (3.0x)173,70059.6%
Mezz (1.0x)57,90019.9%
Equity59,74620.5%
Total Sources291,346100%
Current Leverage0.3x
Post-LBO Leverage5.5x

AI Advisor Commentary

Regenerate
Analyzing Seiwa Electronics Industry's MBO: At a 30% premium, total acquisition cost is approx. ¥277.5bn with EV/EBITDA of 7.5x, below the electronic components sector median (8-10x). With Senior 3.0x + Mezz 1.0x leverage, Equity accounts for only ~20.5%, and given the stability of LTM EBITDA, Debt Service appears well-covered. However, given the cyclicality of the automotive MLCC market, stress-testing cash flow resilience under downside scenarios is recommended.

* AI-generated content is for reference only. Please consult professionals for investment decisions.

* Sample based on fictional company data

WACC Calculation (Sample)

Adjust parameters with sliders and calculate WACC in real time. Industry beta and capital structure are automatically reflected.

beluuga.ai/profile — WACC
1.04%
Cost of Debt (Kd)
5.34%
0.3%
5.1%
WACC
7.00%
1.2%
4.8%
1.0%
Cost of Equity (Ke)
 
D 28%
E 72%
Capital Structure
Cost of Debt (Kd)
Pre-tax Cost of Debt1.5%
Effective Tax Rate31%
Cost of Debt (Kd)
After tax shield
1.04%
= 1.50 × (1 - 0.31)
Cost of Equity (Ke)
Risk-Free Rate (Rf)1.0%
Equity Risk Premium (ERP)6.0%
Unlevered Beta (βU)0.80x
Levered Beta (βL)1.00x
Cost of Equity (Ke)
7.00%
Rf = 1.00%
βU × ERP = 0.80 × 6.0 = 4.80%
(βL-βU) × ERP = 1.20%
Capital Structure
E/V72%
WACC
5.34%
Ke(7.00%) × 72%
+ Kd(1.04%) × 28%

Add firepower precisely when the deal demands it.

Comps may be enough for early-stage screening. When you move into execution, activate DCF and LBO modeling — per deal, per month.

DCF

Automated DCF Model Builder

Conversational interface → investment bank-quality model → Excel export with formulas. That's it.

$500/mo (up to 2 companies)

+$500/mo per additional 2 companies

DCF SummaryFCF ProjectionWACCAssumptions
  • Build robust yet flexible models in minutes through natural-language Q&A
  • P&L, B/S, Cash Flow, WACC, Sensitivity Analysis
  • Base / Bull / Bear cases
  • Excel export (with formulas)
LBOComing Soon

LBO Model Auto-Generation

Just enter your assumptions in a conversational format to instantly generate an LBO model. Excel export with formulas included.

$500/mo (1 company)

Additional company: $500/mo each

LBO SummarySources & UsesDebt ScheduleReturns
  • Build robust yet flexible models in minutes through natural-language Q&A
  • Detailed simulation from Sources/Uses to loan repayment
  • Various stress test simulations
  • IRR / MOIC
  • Excel export (with formulas)

Built for the professionals running the deal, not the institutions behind them.

Freelance Professionals

IB-grade analysis. Solo practitioner economics.

  • No data terminals costing millions of yen per year.
  • Delegate the analytical grind to agentic AI. Focus on structuring and relationships.
  • Refresh comps for each engagement in minutes.
  • Activate financial models (DCF/LBO) when you move into execution.
Boutique M&A Advisory & FA Firms

Leverage your team without growing your headcount.

  • Team plan: up to 10 users at $800/mo — $80 per person.
  • Shared comps libraries and flexible access controls across the team.
  • Dramatically reduce junior analyst workload. Shift capacity to higher-value work.
Mid-Market PE Funds

Screen the Japanese equity market on your own terms.

  • Source and screen TSE-listed companies without relying on coverage bankers.
  • Run preliminary LBO scenarios and monitor exit multiples with always-current comps.
  • Cost-effective complement to Bloomberg or Capital IQ — no annual lock-in.

Bloomberg-tier coverage of Japan deals, at a fraction of the price.

Solo(1 user)
$300
One seat. Full access. No annual commitment.
  • Full feature access
  • Complete coverage of ~4,000 listed Japanese companies
  • Single user
  • Month-to-month — cancel anytime
  • Bilingual (JA/EN) company profiles, AI-driven M&A analysis, annotated 5-year stock charts, LBO quick analysis, AI-generated comps, WACC
Get Started
Enterprise
ASK
Custom pricing — contact us
  • Full feature access
  • SSO / SAML authentication
  • Invoice billing
  • Custom environment & configuration
  • Unlimited members
  • Advanced access control & permissions
  • Dedicated support representative
Contact Us

Deal Add-ons

Premium capabilities available on a per-deal basis, in addition to your base plan.

DCF
DCF Model
$500/ mo (up to 2 companies)
  • Build robust yet flexible models in minutes through natural-language Q&A
  • P&L, B/S, Cash Flow, WACC, Sensitivity Analysis
  • Base / Bull / Bear cases
  • Excel export (with formulas)
  • +$500/mo per additional 2 companies
LBOComing Soon
LBO Model
$500/ mo (1 company)
  • Build robust yet flexible models in minutes through natural-language Q&A
  • Detailed simulation from Sources/Uses to loan repayment
  • Various stress test simulations
  • IRR / MOIC
  • Excel export (with formulas)

* The beta period end date is TBD — we will notify you by email 30 days in advance.
All plans include full feature access (LBO analysis, export, AI company summaries). Cancel anytime.

Stop transcribing. Start judging.

Battle-tested in real M&A engagements.
Beta users lock in current pricing permanently.
Help shape the platform that independent advisors will actually use.

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