TOKYO–(BUSINESS WIRE)–Beluuga AI, Inc., developer of the beluuga.ai platform, today launched Beluuga Research, an English-language equity research service. It covers 20 Japanese companies now and plans 100% small- and mid-cap coverage within months. Japan has nearly 3,900 listed companies, yet over 70% of TOPIX Small Index stocks have no analyst coverage, and English research is even more scarce. Because research is costly and brokers have little incentive to cover thinly traded stocks, many