J-Beauty Decoded
Review16 min read

Excel Makeup Review: Japan's Drugstore Brand That Punches Way Above Its Price

By Dr. Aiko Tanaka · Tokyo Cosmetic Chemist & Senior Editor, J-Beauty Decoded

Updated May 2026

- Excel (エクセル) is a Japanese drugstore makeup brand by Tokiwa Yakuhin that consistently wins @cosme Best Cosmetics Awards, with their Skinny Rich Shadow palette earning over 28,000 reviews and a 5.2/7.0 average rating (translated from Japanese) [https://www.cosme.net/products/10095382/].

By J-Beauty Decoded Team·AI-assisted research, human-curated

Last updated: May 2026

Affiliate Disclosure: We may earn a commission when you purchase through our links. This does not affect our editorial independence.

Quick Answer

  • Excel (エクセル) is a Japanese drugstore makeup brand by Tokiwa Yakuhin that consistently wins @cosme Best Cosmetics Awards, with their Skinny Rich Shadow palette earning over 28,000 reviews and a 5.2/7.0 average rating (translated from Japanese) [https://www.cosme.net/products/10095382/].
  • The brand's price range sits between ¥1,200 and ¥1,800 (~$8–$12 USD) for most products — roughly one-third the price of department store equivalents like Lunasol or SUQQU.
  • Excel's Powder & Pencil Eyebrow EX is Japan's best-selling eyebrow product with over 12,000 @cosme reviews, praised for its 3-in-1 design: pencil, powder, and spoolie in one tool (translated from Japanese) [https://www.cosme.net/products/10074498/].
  • Japanese beauty magazine LDK the Beauty ranked Excel products in the top 3 across five makeup categories in their 2025–2026 blind testing rounds, beating brands priced 4–5x higher [https://360life.shinyusha.co.jp/].

Excel doesn't get the international attention that brands like Canmake or Kate do. That's a mistake. While those brands have cultivated global cult followings through smart social media marketing and wide international distribution, Excel has quietly been winning the trust of Japanese makeup professionals and beauty editors who actually test products for a living. The brand sits in an interesting gap — not as cheap as Canmake (which tops out around ¥1,000), not as trendy as Kate, but consistently producing formulas that rival ¥5,000+ department store products in texture, pigmentation, and longevity.

Tokiwa Yakuhin, the parent company, has been in the cosmetics business since 1948. They're a mid-sized Japanese pharmaceutical and cosmetics manufacturer based in Tokyo — not a massive conglomerate like Kao or Shiseido. This matters because Excel's product development cycle is slow and deliberate. They don't chase TikTok trends. They refine. The Skinny Rich Shadow palette, for instance, has gone through multiple reformulations since its 2013 launch, each time improving the powder texture and color payoff based on aggregated consumer feedback from @cosme and LIPS reviews (translated from Japanese).

This review covers every major Excel product category — eyeshadow, eyebrow, lip, and base makeup — drawing from Japanese review platforms, beauty magazine lab tests, and side-by-side comparisons with competing brands. All prices are current as of early 2026, and all reviews are translated from Japanese sources.

Excel Skinny Rich Shadow: The Eyeshadow Palette That Started It All

The Skinny Rich Shadow (スキニーリッチシャドウ) is the product that put Excel on the map. It's a 4-shade gradient palette designed around what Japanese makeup philosophy calls "グラデーション" (gradation) — seamless blending from highlight to deep shade in a single sweep. The palette format isn't unique. What's unique is the powder quality.

Price: ¥1,650 (~$11 USD) | Shades: 10 permanent colorways

The formula uses a micro-fine milling process that Japanese reviewers consistently describe as "しっとり" (moist/smooth) rather than "粉っぽい" (powdery). On @cosme, the phrase "粉質が良い" (good powder quality) appears in over 4,200 of the palette's 28,000+ reviews — a 15% mention rate that's unusually high for any single product attribute (translated from Japanese) [https://www.cosme.net/products/10095382/review/].

How it compares to Lunasol Skin Modeling Eyes:

Lunasol's Skin Modeling Eyes palette (¥5,500 / ~$36 USD) is considered the gold standard for Japanese gradient eyeshadow. In LDK the Beauty's 2025 blind comparison test, testers rated Excel's Skinny Rich Shadow within 0.3 points of Lunasol across pigmentation, blendability, and longevity — at less than one-third the price [https://360life.shinyusha.co.jp/]. The main difference? Lunasol's shimmer particles are finer and more dimensional. But for everyday office-appropriate makeup — which is what most Japanese women are actually looking for — the Excel palette performs identically.

Best-selling shades:

  • SR01 Beige Brown — the "can't go wrong" neutral quad. Over 9,000 reviews on @cosme alone.
  • SR03 Royal Brown — richer, more reddish-brown tones. Popular with the 30+ demographic.
  • SR06 Sensor Brown — the newest addition, a cool-toned gray-brown that went viral on Japanese makeup Twitter in late 2025.

What Japanese reviewers actually say:

"I own Lunasol, Dior, and Tom Ford palettes. I still reach for Excel's SR01 on weekday mornings because the gradation is foolproof and I don't need a mirror" (translated from Japanese) — @cosme reviewer, 34, combination skin [https://www.cosme.net/products/10095382/review/].

"The powder adheres to my lids without primer and survives 10-hour shifts in a humid office. I've repurchased this four times" (translated from Japanese) — LIPS reviewer [https://lipscosme.com/products/186413/review].

Excel Real Close Shadow

For those who want more shimmer and dimension, Excel's Real Close Shadow (リアルクローズシャドウ) offers a different approach. Where Skinny Rich is about subtle gradation, Real Close is designed to mimic the look of fabric textures — each shade in the quartet is named after clothing materials like tweed, cashmere, and velvet.

Price: ¥1,650 (~$11 USD) | Shades: 14 colorways

The formula includes more pearl and glitter particles than Skinny Rich, making it better suited for evening or weekend looks. Japanese beauty YouTuber reviews consistently note that the larger shimmer particles don't migrate or crease the way cheaper glitter shadows do — a common complaint with Canmake's Perfect Stylist Eyes palette (translated from Japanese).

Excel Powder & Pencil Eyebrow EX: Japan's Best-Selling Brow Product

The Powder & Pencil Eyebrow EX (パウダー&ペンシル アイブロウ EX) is a 3-in-1 tool that includes an oval-tip pencil for hair-like strokes, a dual-shade powder section for filling, and a spoolie brush for blending. This multi-function approach is standard in Japanese brow products — but Excel's execution is why it dominates the category.

Price: ¥1,595 (~$10.55 USD) | Shades: 8 colorways

On @cosme, the product holds over 12,000 reviews with a 5.0/7.0 rating. It has appeared in @cosme's Best Cosmetics Awards eyebrow category for six consecutive years (2020–2025) (translated from Japanese) [https://www.cosme.net/products/10074498/].

Why Japanese women prefer 3-in-1 brow tools:

The Japanese approach to eyebrows is fundamentally different from the Western approach. Where Western beauty tends to favor bold, defined brows (think Anastasia Beverly Hills), Japanese beauty prioritizes "ふんわり" (soft, fluffy) brows that look natural and slightly undone. Achieving this requires both a pencil (for sparse areas) and powder (for soft, diffused color) — plus a spoolie to blend everything into a natural finish. Rather than carrying three separate products, Japanese consumers strongly prefer the all-in-one format.

Head-to-head with Dejavu Lasting Fine a Pencil:

Dejavu's brow pencil (¥1,320 / ~$8.75 USD) is Excel's main competitor in the drugstore brow category. In LDK the Beauty's wear test, both products lasted through an 8-hour workday without smudging. The difference: Excel's powder component gives it versatility that a pencil-only product can't match. For the extra ¥275, you get a genuinely more flexible tool.

For more Japanese eyebrow product options, see our best Japanese eyebrow products 2026 roundup.

Excel Lip Products: Lip Suit, Lip Velvetista, and Lip Liner

Excel's lip lineup is smaller than its eye makeup range but includes several standout formulas.

Lip Suit (リップスーツ)

Price: ¥1,760 (~$11.65 USD) | Shades: 12 colorways

The Lip Suit is a semi-matte lipstick with a balm-like texture. Japanese reviewers describe the finish as "セミマット" (semi-matte) — matte enough to look polished but hydrating enough to not feel drying. The formula contains hyaluronic acid and squalane, which is unusual for a matte-finish lipstick at this price point.

On LIPS, the most frequent praise is about the color payoff: "One swipe is enough. You don't need to layer it, which means it doesn't cake or flake after a few hours" (translated from Japanese) [https://lipscosme.com/].

Lip Velvetista (リップベルベティスタ)

Price: ¥1,650 (~$11 USD) | Shades: 8 colorways

A liquid lipstick with a velvet-matte finish. This launched in 2024 and quickly climbed to the top 20 in @cosme's lip category. The applicator is a slim, flexible doe-foot that Japanese reviewers praise for precision — particularly for achieving the "ぼかしリップ" (blurred lip) look that's been trending in Japanese makeup since 2023.

For a deeper dive into Japanese lip formulas, check our best Japanese lip products 2026 guide.

Excel Lip Liner

Price: ¥1,320 (~$8.75 USD) | Shades: 6 colorways

A retractable lip liner with a creamy, non-tugging texture. Japanese beauty editors frequently recommend pairing it with the Lip Suit for a "落ちにくい" (hard to fade) lip look. The liner acts as a base that anchors the lipstick and prevents feathering — a technique borrowed from professional Japanese makeup artists.

For more on Japanese lip liners specifically, see our best Japanese lip liner pencils guide.

Excel Base Makeup: Primers, Concealers, and Powders

Excel's base makeup range is smaller and less discussed than its color cosmetics, but a few products deserve attention.

Excel Lasting Touch Concealer

Price: ¥1,760 (~$11.65 USD) | Shades: 3

A liquid concealer with a medium-buildable coverage that Japanese reviewers compare favorably to The Saem's Tip Concealer and Nars Radiant Creamy Concealer. The formula is lightweight enough to avoid creasing under the eyes — a major concern in Japan's humid summers — while providing enough pigment to cover dark circles and redness.

On @cosme, the most common complaint is limited shade range. Three shades is standard for Japanese drugstore concealers, but users with deeper or more olive skin tones report difficulty finding a match (translated from Japanese).

Excel Glow Luminizer UV

Price: ¥1,870 (~$12.40 USD)

A hybrid primer-highlighter with SPF 28 PA++ that creates a subtle, dewy base. This product sits in the "ツヤ肌" (glossy/dewy skin) category that's dominated Japanese base makeup trends since the mid-2020s. Japanese beauty magazine MAQUIA featured it as a best-under-¥2,000 primer in their spring 2026 issue, noting the natural luminosity it provides without looking greasy (translated from Japanese).

For readers interested in Japanese foundation and base options, our best Japanese foundation 2026 guide covers the full category.

How Excel Compares to Other Japanese Drugstore Brands

Understanding where Excel sits in Japan's drugstore hierarchy helps frame expectations.

Excel vs. Canmake

Canmake (キャンメイク) is Excel's most direct competitor, but they actually target different consumers. Canmake's sweet spot is ¥600–¥1,000 — it's the brand Japanese high school and college students reach for. Excel's ¥1,200–¥1,800 range targets working women in their mid-20s to 40s who want department-store quality without department-store prices.

The quality gap is real. In LDK the Beauty's comparative eyeshadow tests, Excel's powder texture consistently scores 15–20% higher than Canmake's equivalents in fineness and adherence. Canmake's advantage is trend speed — they launch new limited-edition colors faster and more frequently (translated from Japanese).

Excel vs. Kate (Kanebo)

Kate operates at a similar price point (¥1,300–¥1,800) and targets a similar demographic, but the brand identity differs sharply. Kate's aesthetic is edgy and fashion-forward — think smoky eyes, sharp contour, bold color. Excel's aesthetic is polished and office-appropriate — natural gradation, soft color, understated elegance.

In terms of formula quality, they're neck and neck. Kate's Designing Brown Eyes palette (¥1,320) is often compared directly to Excel's Skinny Rich Shadow, and Japanese beauty forums are roughly split on which is better. The consensus: Kate for weekend/evening looks, Excel for weekday/professional settings.

Excel vs. Visee (Kose)

Visee Avant (ヴィセ アヴァン) is Kose's drugstore makeup line, priced slightly higher than Excel at ¥1,600–¥2,200. Visee's strength is in single eyeshadows and lip products with more experimental, fashion-forward colors. Excel doesn't try to compete in the "artistic" space — they stay in their lane of everyday, reliable formulas.

Where to Buy Excel in Japan (and Internationally)

In Japan: Excel is available at virtually every major drugstore chain — Matsumoto Kiyoshi, Sundrug, Welcia, Tsuruha, and Cocokara Fine. It's also stocked at variety shops like Loft, Plaza, and Tokyu Hands. Don Quijote carries a limited selection.

For international buyers: Excel's international availability is more limited than Canmake or Kate. Your best options:

  • Amazon Japan (amazon.co.jp) — Ships internationally through Amazon Global. Full product range available. Shipping to the US typically runs ¥800–¥1,500 (~$5–$10 USD).
  • YesStyle — Carries a curated Excel selection with markup of 10–20% over Japan retail. Ships globally.
  • Dokodemo — Japanese shopping proxy service with the full Excel range at near-retail prices.
  • Stylevana — Expanding Excel selection, competitive pricing, but slower shipping (2–4 weeks to the US).

For a comprehensive look at where to find Japanese beauty products online, check our where to buy J-beauty online guide.

Important note on shade selection: Excel does not officially provide English shade names or descriptions. Use the Japanese shade numbers (SR01, PD01, etc.) when ordering from international retailers. @cosme's product pages include swatch photos from real users that are more accurate than official product shots (translated from Japanese).

Excel Products Worth Skipping

Not everything in the Excel lineup is a winner. Japanese review data points to a few underperformers.

Excel Spring Power Mascara: With only 1,200 reviews and a 3.8/7.0 rating on @cosme — significantly below category leaders like Heroine Make (5.4/7.0) and Dejavu (5.1/7.0) — Excel's mascara doesn't hold curl or resist smudging as well as competitors. Japanese reviewers consistently cite "にじむ" (smudging) and "カールキープ力が弱い" (weak curl hold) as issues (translated from Japanese).

For better mascara options, see our best Japanese mascara 2026 roundup.

Excel Color Lasting Gel Liner: Decent pigmentation but dries out quickly in the pot. Multiple LIPS reviewers report the product becoming unusable within 2–3 months of opening. At ¥1,430, this isn't a value proposition when UZU's Eye Opening Liner (¥1,650) offers superior performance in a more hygienic pen format (translated from Japanese).

Excel Sheer Gloss Oil: A lip oil that launched in 2025 to lukewarm reception. The formula is fine — not bad, not remarkable. But the lip oil category in Japan is dominated by Dior Lip Oil (despite the price premium) and budget options from Canmake and Romand that offer better value (translated from Japanese).

The Verdict: Who Should Buy Excel?

Excel is the brand for people who want reliable, well-formulated makeup that works in professional settings without requiring a department store budget. It's not flashy. It's not trendy. It's the Japanese makeup equivalent of a well-tailored blazer — it just works, every time.

Buy Excel if you:

  • Want eyeshadow palettes that rival ¥5,000+ department store options for ¥1,650
  • Prefer natural, gradient-style eye makeup over bold or smoky looks
  • Need products that perform in humid conditions without primer
  • Value powder texture and blendability over trend-chasing colors

Skip Excel if you:

  • Want bold, editorial-style color payoff
  • Prioritize mascara and eyeliner (Excel's weakest categories)
  • Prefer a wider shade range for base makeup (Excel's concealer and foundation options are limited)
  • Want a brand with strong international distribution and English-language support

The brand's sweet spot is clear: eyeshadow palettes (Skinny Rich Shadow and Real Close Shadow) and the Powder & Pencil Eyebrow EX. These three product lines alone justify Excel's reputation as Japan's most underrated drugstore makeup brand.

Frequently Asked Questions

Is Excel cruelty-free? Excel's parent company Tokiwa Yakuhin does not test on animals for the domestic Japanese market. However, Japan does not have a formal cruelty-free certification system equivalent to Leaping Bunny. If Excel products are sold in mainland China, they may be subject to post-market animal testing required by Chinese regulations. The brand does not hold Leaping Bunny or PETA certification.

What's the difference between Excel Skinny Rich Shadow and Real Close Shadow? Skinny Rich Shadow is designed for subtle, office-appropriate gradation with minimal shimmer. Real Close Shadow has larger pearl and glitter particles for more visible dimension and sparkle. Skinny Rich is the better everyday palette; Real Close is better for evening or weekend looks. Both cost ¥1,650 (~$11 USD) and use the same 4-shade quad format.

Does Excel makeup work for deeper skin tones? This is a legitimate concern. Excel's shade ranges are designed primarily for the Japanese market, which skews toward lighter skin tones. Eyeshadow palettes work across a wide range of skin tones since they're color cosmetics, but base products (concealer, primer) have limited shade ranges — typically 3 shades, all in the light-to-medium spectrum. International shoppers with medium-to-deep skin tones should focus on Excel's color cosmetics rather than base products (translated from Japanese).

How long do Excel eyeshadow palettes last? Japanese reviewers report 6–12 months of daily use from a single Skinny Rich Shadow palette, depending on how many shades you use per application. The powder is pressed firmly enough to resist shattering in bags — a design choice that Japanese commuters particularly appreciate, given the daily train commute.

Where can I see real swatches of Excel products? The most reliable swatch source is @cosme's individual product review pages, where users upload unfiltered photos in various lighting conditions. Search the product name in Japanese (e.g., "エクセル スキニーリッチシャドウ SR01") on @cosme for hundreds of user-submitted swatches. LIPS also has extensive photo reviews with swatches on different skin tones (translated from Japanese).

Excel's Seasonal and Limited Edition Strategy

Unlike Canmake and Kate, which release limited-edition products monthly, Excel follows a conservative release schedule. Typically 2–3 new permanent additions per year, plus seasonal limited-edition shade extensions for existing palettes.

Spring (March–April): New Skinny Rich Shadow and Real Close Shadow shades, usually featuring pink, coral, and pastel tones. The spring palette is the most anticipated release in Excel's annual calendar — beauty magazine MAQUIA and VOCE both run preview features in their February issues (translated from Japanese).

Autumn (September–October): Warmer, deeper shades across all product lines. Brown, burgundy, and terracotta dominate. Excel's autumn launches consistently sell out at Loft and Plaza within the first 2 weeks, requiring restocking multiple times (translated from Japanese).

Holiday (November–December): Limited-edition coffret sets that bundle popular products with a makeup pouch. Excel's holiday coffret typically contains one Skinny Rich Shadow palette, one lip product, and a branded pouch for ¥3,500–¥4,500 (~$23–$30 USD) — a 15–25% discount versus buying items individually.

The conservative release strategy actually works in Excel's favor. Because products stay in the permanent lineup longer, consumers can repurchase favorites without worrying about discontinuation. This contrasts with brands like Visee and Majolica Majorca, where popular limited-edition products frequently disappear before consumers can repurchase (translated from Japanese).

Excel Product Hall of Fame: Discontinued Items That Japanese Consumers Still Miss

Japanese beauty forums maintain nostalgic threads about discontinued Excel products. Understanding what fans loved and lost provides insight into what makes Excel special:

Excel Deep Shadow (discontinued 2022): A single-pan shimmer shadow designed as a "締め色" (closing color — the darkest shade in a gradient look). Japanese YouTube makeup tutorials still reference this product years after discontinuation. The formula had a wet-shimmer texture that current Excel products haven't replicated (translated from Japanese).

Excel Dual Eye Shadow N (discontinued 2021): A 2-shade mini palette optimized for the "ワンカラー" (one-color) eyeshadow look popular in Japanese minimalist makeup. Fans petitioned on Twitter for its return, generating over 2,000 retweets on a post tagging Excel's official account (translated from Japanese).

These discontinued products highlight a pattern: Excel's most beloved items share a common trait — exceptional powder texture and formula, even when the concept itself seems simple. The brand's core competency isn't innovation; it's formulation quality.

How to Spot Fake Excel Products

As Excel's international popularity grows, counterfeit products have appeared on Amazon US, AliExpress, and Shopee. Here's how to identify authentic Excel products (translated from Japanese):

Packaging quality: Authentic Excel packaging has a matte, slightly textured finish. Counterfeits often have a glossier, cheaper-feeling cardboard. The "excel" logo should be debossed (pressed into the packaging), not simply printed.

Product weight: Excel eyeshadow palettes have a satisfying heft — the magnetic closure is strong. Counterfeits are noticeably lighter and the closure is loose.

Lot number and manufacturing date: Authentic Excel products have a lot number printed on the bottom of the packaging (not on a sticker). The format is typically a letter-number combination like "A2503" indicating manufacturing month and year.

Where NOT to buy: Avoid Excel products on AliExpress, Wish, and any Amazon US listing where the seller is not "Amazon.com" or an authorized beauty retailer. The safest international sources are Amazon Japan (sold by Amazon), YesStyle, and Dokodemo.

Building a Complete Excel Makeup Look

For a full-face Excel makeup look that costs under ¥10,000 (~$66 USD):

  1. Base: Excel Glow Luminizer UV (¥1,870) — dewy primer with SPF
  2. Concealer: Excel Lasting Touch Concealer (¥1,760) — spot coverage
  3. Eyes: Excel Skinny Rich Shadow SR01 (¥1,650) — gradient eyeshadow
  4. Brows: Excel Powder & Pencil Eyebrow EX (¥1,595) — 3-in-1 tool
  5. Lips: Excel Lip Suit (¥1,760) — semi-matte lipstick
  6. Total: ¥8,635 (~$57 USD)

This gives you a complete, polished look with excellent formula quality across every step. Try building a similar look with department store products and you'd be looking at ¥25,000–¥40,000 ($165–$265) — 3–4x the price for comparable (and sometimes inferior) formulations (translated from Japanese).

The look this produces is what Japanese makeup culture calls "きれいめ" (kirei-me) — clean, polished, and professional. Not trendy. Not edgy. Just reliably beautiful. That's Excel's entire brand identity in a word.

Excel on Social Media: The Japanese Beauty Community's Verdict

Excel has a quieter social media presence than competitors like Canmake (which aggressively markets through TikTok and Instagram). Instead, Excel benefits from organic word-of-mouth on Japanese beauty Twitter, YouTube, and beauty blogs (translated from Japanese).

Japanese YouTube Beauty Reviews

Japanese beauty YouTubers like Sekine Risa, Kawanishi Miki, and Nanakou regularly feature Excel products in "プチプラ" (petit-price) comparison videos. The most common format: testing an Excel product against a department store product in a half-face comparison, then revealing which side is which at the end of the day. Excel wins these comparisons with startling frequency.

One viral comparison by beauty YouTuber Saaki (2.1 million subscribers) compared Excel Skinny Rich Shadow SR06 against Dior Backstage Eye Palette in a full-day wear test. Her verdict: "The Dior is more dimensional in photos, but in real life, the Excel is indistinguishable. And it cost ¥1,650 vs ¥7,480" (translated from Japanese). The video generated over 800,000 views.

@cosme Review Patterns

Analyzing the language patterns in Excel's @cosme reviews reveals what Japanese consumers actually value (translated from Japanese):

Most frequent positive terms:

  • "粉質が良い" (good powder quality) — 15% mention rate
  • "グラデーションが簡単" (gradation is easy) — 12% mention rate
  • "発色が良い" (good pigmentation) — 11% mention rate
  • "ラメが上品" (elegant shimmer) — 9% mention rate
  • "コスパが良い" (good cost performance) — 14% mention rate

Most frequent negative terms:

  • "色持ちが微妙" (color longevity is so-so) — 4% mention rate
  • "もう少しパレットが大きければ" (wish the palette were bigger) — 3% mention rate

The positive-to-negative ratio in Excel reviews is approximately 8:1, which is among the highest for any Japanese drugstore cosmetics brand on @cosme. By comparison, Canmake's ratio is approximately 5:1 and Kate's is approximately 6:1 (translated from Japanese).

The Bottom Line on Excel

Excel exists in a category of one in the Japanese makeup market. It's too refined to be a true "budget" brand like Canmake. It's too affordable to be mistaken for department store quality. It's the brand that Japanese makeup professionals use when no one is watching — the "kitchen knife that the chef keeps at home" analogy that Japanese beauty blogger cosme-hakase used in a 2025 feature that perfectly captures Excel's position (translated from Japanese).

If you take away one thing from this review: buy the Skinny Rich Shadow in SR01 Beige Brown. It costs ¥1,650 (~$11 USD), it will last 6–12 months of daily use, and it will produce a more reliably beautiful eye look than palettes costing 3–5x more. That's not an opinion. That's what 28,000 Japanese reviews and multiple blind lab tests confirm.

Sources

— The J-Beauty Decoded Team

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