beluuga.ai Insights | Japan M&A, Valuation & Cost of Capital Research

Should Your Company Worry About Shareholder Activists? — Screening 3,690 Japanese Listed Companies Across 26 Metrics for the Six Conditions That Draw Them In

Across 26 metrics, six show a statistically significant relationship with activist ownership: market cap, ownership structure, cash holdings, cross-shareholdings, ROE, and dividends. Share price performance and board composition show none.

Published 2026-09-06

1.84xCompanies with ROE below 8% have 1.84x the odds of activist ownership versus those at or above 8% (adjusted for size and ownership structure)

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Cost of Capital

As Japan's 10-Year JGB Yield Rose 1.3 Points in a Year, How Did WACC Move? It's the Cost of Equity (Ke), Not the Cost of Debt (Kd), That Responds to Rising Rates | September 2026

Japan's 10-year JGB yield rose 1.3 points in a year. We examine how this flows through to WACC, using four real companies with different capital structures.

Published 2026-09-02 Cost of Capital

Nearly 40% of Profitable Japanese Companies Fail to Earn Their Cost of Equity

A follow-up to our cost-of-equity ranking: comparing Ke against ROE shows 39.5% of profitable Japanese companies aren't earning their cost of capital.

Published 2026-08-27 Cost of Capital

Ranking Every Japanese Listed Company by Cost of Equity

A cost-of-equity ranking across the entire Japanese listed universe — what a high Ke really signals, and why it moves with the share price.

Published 2026-08-27 Valuation

Japanese Listed Companies with Negative Enterprise Value | Dated Snapshots

Screening the full Japanese listed universe, with no market-cap floor, for companies with an estimated EV at or below zero. Updated on a continuing basis with dated snapshots.

Published 2026-08-26

beluuga.ai covers ~4,200 Japanese listed companies for cross-sectional analysis — EV, financial trajectory, comps, WACC, and share-price behavior, all in a free demo.

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