Suntory BF <2587> continues to decline. SMBC Nikko Securities has downgraded the investment rating from "1" to "2" and lowered the target stock price from 6,300 yen to 5,600 yen. There are concerns about performance due to intensified competition with Coca-Cola, higher than expected costs domestically, and challenges in the commodity etf portfolio in the european index, making the certainty of achieving the medium-term goal of a mid-single-digit operating profit growth less likely. Additionally, the lack of improvement in dialogue between management and the stock market is also pointed out as a factor for disappointment.