Rakusuru <4384> is significantly declining. At SBI Securities, the investment rating has been downgraded from 'buy' to 'hold', and the target stock price has also been lowered from 1600 yen to 1400 yen. There is a sense of dissatisfaction with the organic growth rate, and although there may be moments of accelerated growth through M&A, without factoring in such uncertainties, it is difficult to maintain a bullish investment decision. In particular, there is an impression of unsatisfactory growth in the printing and solutions area, and there is a desire to wait for a new acceleration.