Kujira Capital Co., Ltd. (Headquarters: Minato-ku, Tokyo) announces that the M&A financial analysis SaaS "beluuga.ai" business has been spun off into an independent subsidiary, "Beluga AI Inc." (Representative Director: Shinji Takeuchi). Additionally, Mr. Akio Katsuragi and Mr. Nobuaki Kuruya, who have held key positions in the financial and business worlds, will be investing in the new company, Beluga AI Inc. Their personal investment participation is a testament to their confidence in the product and the future potential of the business. Financial analysis in M&A is still heavily reliant on manual reference to primary source documents and Excel work, leading to chronic long working hours. Meanwhile, recruiting and retaining junior bankers, who are responsible for this analysis, is becoming increasingly difficult each year, making standardization and efficiency of analysis quality a common industry challenge. beluuga.ai was developed to address this issue with the goal of "compressing junior bankers' work time by 95% while maintaining analysis accuracy and output quality at the level of top investment banks." This spin-off is part of the Kujira Capital Group's strategic initiative to concentrate management resources on this business and strengthen our development and customer support systems. The introduction of external capital upon independence also serves as validation that our product and business plan are robust enough to withstand third-party evaluation. About beluuga.ai A company profile generated by AI based on securities reports and other disclosures, with commentary tailored for M&A contexts. Fully supports both Japanese and English, making it ready for submission to clients. Comparable company analysis (Comps) generated in seconds through natural language conversation and AI-powered peer group suggestions. Includes calculation formulas verifiable by humans, automatic outlier detection, and automatic footnote generation. DCF models and sensitivity analysi