Market Efficiency Bounded Ratio

Cover + illustration

Illustration

[EBA] Datsu Imouto Sengen | Sister Removal Declaration [English] {doujin-moe.us}

[Fatalpulse (Asanagi)] Victim Girls 13 - DRAGON SLAYER (Saki Achiga-hen) [English] [2D-Market.com] [Decensored] [Digital]

[hlz, Triangle! (Sanom, Uraha)] Uchi no Dame Ane ni Osowarete Tajitaji Nan desu ga!? | My No-good Sister's Overwhelming Seduction Technique!! [English] [2d-market] [Decensored]

(CiNDERELLA ☆ STAGE 6 STEP) [Kajimura Market (Kajimura Kajima)] Moba Arisu (THE IDOLM@STER CINDERELLA GIRLS)

[Titokara 2nd Branch (Manami Tatsuya)] Kodomo ja Nai Mon! 2 (Tamako Market)

[Aria Corporation (Reishiki Aria)] Penalty Dorou! -Kanchou Hon Desu- (Dragon Quest IX) [Digital]

[Zenmai Kourogi] Shigeru Mansion -Super Seiyoku Osage Girl- | Shigeru's Apartment - Horny Twintail Girl from the Market [English] [Amoskandy]

[Doronuma Kyoudai (RED-RUM)] Futa Ona Daigoshou | A Certain Futanari Girl's Masturbation Diary Ch.5 - FutaOna 5 [English] [2d-market.com] [Decensored] [Digital]

(C88) [Asaki Blog Branch Office (Asaki Takayuki)] Marcille Meshi (Dungeon Meshi) [English] [2D-Market.com] [Decensored]

[Kotoyoshi Yumisuke] Kumikyoku Mitsunyuu 2 - Mammosus Vacca Narratio 2 [English] [Nemui] [Decensored]

[MATSUBAYA Corporation

[Xration (mil)] Hime Kishi Tame Ho (Ragnarok Online) [Chinese] [超⑨汉化] [Digital]

(Kobe Kawasaki Zousen Collection 2) [Kajimura Market (Kajimura Kajima)] DesCon!! 4 - Destroyer Complex - (Kantai Collection -KanColle-)

Development Diary Ch.5 – Chizuru-chan Development Diary 1 {2d-market.com}

(COMIC1☆7) [Coonelius (Coo)] Nemurerumori no Anko Hime (Tamako Market)

(Ware, Yasen ni Totsunyuusu! 4) [Kajimura Market (Kajimura Kajima)] DesCon!! 10 - Destroyer Complex - (Kantai Collection -KanColle-)

Development Diary Ch.1 – Chii-chan Development Diary 1 {2d-market.com}

[Xration (mil)] 姫騎士テイム2 (ラグナロクオンライン)

[John K. Pe-ta] Geki!! Monzetsu Operation

[KEBERO Corporation (Various)] Shin Hanzyuuryoku XV (Neon Genesis Evangelion, Tengen Toppa Gurren Lagann)

(C83) [Aria Corporation (Reishiki Aria)] HC Excalibur -Kanchou Shitai? Kanchou Saretai?- (Fate/stay night)

(C88) [Hanada (Momose)] Kuchi doke Cream Soda (Tamako Market)

Seigi? no Hypnosis | Righteous? Hypnosis

(CT31) [Studio P.M.Y (Mikarin)] Operation having childeren (Azur Lane) [English] [Unforgotten]

[Karaage Market (Aburi)] Kibun Ten Kan (Girls und Panzer)

[KAMINENDO.CORPORATION (Akazawa RED - あかざわRED)] Pastel Charge (Moetan) [Lolicon]

[WastePaperMarket (Cuzukago)] Kanojo no Hanbun Ijou wa Yasashisa de Dekite iru

[Xration (mil)] Onigashima no Ansoku (Ragnarok Online)

(C84) [Purin Dou (Hisahiko)] Slave market II [English]

[Attamaro. (Kotatsu.)] Vivid Yellow Pepe Lotion (Vividred Operation)) [Digital]

[Xration (mil)] Christmas (Suisei no Majo) Afterward (Mobile Suit Gundam: The Witch from Mercury) [English] [Gagak_Ireng]

(C89) [KEBERO Corporation (Various)] Shin Hanzuuryoku 32 (Kantai Collection -KanColle-)

[Xration (mil)] Mother's Day (Tsujou Kougeki ga Zentai Kougeki de 2-kai Kougeki no Okaasan wa Suki desu ka?) [English] [FC]

Akashi Vibration

[Yuzuya (Yuzuha)] Shuten Douji ga Nuitekureru Hon | A Book About Getting Milked Dry by Shuten Douji (Fate/Grand Order) [English] [2d-market.com] [Decensored] [Digital]

(C84) [KEBERO Corporation (Various)] Shin Hanzuuryouku 27 (Space Battleship Yamato)

(C82) [Xration (mil)] Tropical Rachel (Ragnarok Online) [Decensored]

Igyou Seibutsu Zukan Michi no Kenkyuu Kikan Hen I | Illustrated Adulteration of Deformed Organisms: Unknown Research Institution, I

(C84) [real (As-Special)] HEAT (Vividred Operation) [English] [Yuri-ism]

Hell of Operation

[アリコレ -Aria corporation-] おーぷんせいむ -お尻えっちの本です-

(C93) [Xration (mil)] bou 6 (Various) [English] [FC]

(COMIC1☆5) [Nagaredamaya (BANG-YOU)] Degeneration (Bishoujo Senshi Sailor Moon)

Akai Ito Kanrikyoku | Red String Administration Bureau

[Umedama Nabu] Operation Daisakusen

[Inoue Kiyoshirou] Black Market +Plus Ch. 1-10 [English]

[Chunrouzan] Tomerarenai | I JUST CAN'T STOP (Waisetsu Ehon) [Chinese] [double penetration控個人漢化]

(C90) [Xration (mil)] bou 3 (Various) [English] [FC]

[Doronuma Kyoudai (RED-RUM)] Futa On Dai-Yon Shou | A Certain Futanari Girl's Masturbation Diary Ch.4 - FutaOna 4 [English] [2d-market.com] [Decensored] [Digital]

(C95) [Uchuusen Shoujigou (Shouji Nigou)] Sagisawa-san ga Musubareru Hi | The Day I was Bound to Sagisawa-san (THE IDOLM@STER CINDERELLA GIRLS) [English] [H Library]

[肉弾丸] 奥様はM(マゾ)!?

[Junk Market (Hinori)] Nyannyan Dai Service Tokumori (Macross Frontier) [Digital]

(C87) [Xration (mil)] MIXED-REAL Union (Zeroin) [Chinese] [新桥月白日语社] [Incomplete]

Manami C-SPEC

bou 9

bou 6

[Mizushiro Takuya] Younger Girls! Celebration Ch. 1-7 [English] {Tadanohito}

Houkai Desperate | Crumbling Desperation

(C88) [Xration (mil)] bou 2 (Various) [English] {TheRobotsGhost}

(C37) [MATSUBAYA Corporation (Various] Route RANMA (Ranma 1/2)

[Sniff Dogs (Ujiie Moku)] Anko no Anko (Tamako Market) [Digital]

(C74) [POC {Provisional Operations Command}(Hans)] Shokuou [English][Rabbit Reich]

(C92) [Millionlove (Yayo)] Perfect Lesson 7 - New Generations Haisetsu Stage (THE IDOLM@STER CINDERELLA GIRLS) [Chinese] [靴下汉化组 x 臭鼬娘漢化組]

(C91) [Kajimura Market (Kajimura Kajima)] DesCon!! 14 - Destroyer Complex - (Kantai Collection -KanColle-)

[KEBERO Corporation (Various)] Shin Hanzyuuryoku I (Various)

Urabambi Vol. 37 -Penetration GB-

(C61) [Megami Kyouten, Ohkura Bekkan (Demon Umekichi, Ohkura Kazuya, Ooshima Yasuhiro)] shaft lady (Geneshaft)

[Ash wing (Makuro)] Comic Market 82 bonus book (Various)

[Hellabunna (Iruma Kamiri)] Comic Market 35 Suman Niku Yaiteta (Illusion A-GA) [Color]

[Studio Nunchaku (Kome Tsubu)] Vividred Jikkenshitsu (Vividred Operation)

Cover + illustration

Momoiro Operation

[Junk Market (Hinori)] Setsuna no Maboroshi ~Phantom of moment~ (Gundam SEED DESTINY) [Digital]

(C72) [KAMINENDO.CORPORATION (Akazawa RED)] 021 -REAL FIT- (Zero no Tsukaima)

Kaihou Tokku Gakuen Seikatsu 2 | Academy Life in the Special Liberation Zone 2

(C82) [Xration (mil)] Tropical Rachel (Ragnarok Online) [English] [MintVoid] [Decensored]

(C82) [Xration (mil)] Hime Kishi Tame 2 | Princess Knight Taming 2 (Ragnarok Online) [English] [Decensored]

[John K Pe-ta] Geki!! Monzetsu Operation Plus

(C88) [Kajimura Market (Kajimura Kajima)] Nin-Prinz -Tokushu Kenzou Dock-nai Tokuchuu Kousoku Kenzouzai Jikken Kiroku- (Kantai Collection -KanColle-)

OPERATION -V-

(C90) [Kajimura Market (Kajimura Kajima)] DesCon!! 11 - Destroyer Complex - (Kantai Collection -KanColle-)

[Piero] Chounyuu Gakuen | Academy For Huge Breasts Ch. 1-3 [English] [Zukuyo] [Digital]

(C84) [Marchen Box (Various)] THE Under Chuugakusei 2 (Various)

Hishokan Kashima no Houkokusho 3

(COMITIA97) [Muchakai (Mucha)] Chii-chan Kaihatsu Nikki | Development Diary Ch.1 – Chii-chan Development Diary 1 [English] {2d-market.com}

Nanyou no Vacances Sakusen | Vacation-Operation in the South Seas

Bye Bye Frustration

[Umedama Nabu] Operation Daisakusen Voyager

[Fatalpulse (Asanagi)] VictimGirls 17 SOS -savage our souls- (Kantai Collection -KanColle-) [English] [2D-Market.com] [Decensored] [Digital]

(CT25) [Kajimura Market (Kajimura Kajima)] DesCon!! 3 - Destroyer Complex - (Kantai Collection -KanColle-)

(C83) [Purin Dou (Hisahiko)] Slave Market [English] {Red Vodka + Afro}

(COMIC1☆9) [Uguisuya (Uguisu Kagura)] DECORATION (GUILTY GEAR)

[Mizushiro Takuya] Younger Girls! Celebration Ch. 1-10 [English] {Tadanohito}

[Hiyorimi no Sora (Hiyori Mizuki)] Rakugaki Biyori (Tamako Market) [Digital]

Toaru Shokuhou no Frustration

Chijoku Namakan Hataraku Oneesan

(C81) [Fatalpulse (Asanagi)] Victim Girls 12 Another one Bites the Dust (TERA The Exiled Realm of Arborea) [English] [2D-Market.com] [Uncensored]

(ComiComi16) [Kajimura Market (Murasaki Kajima)] Star-chan no Ecchi na Asobi (Touhou Project) [Chinese] [靴下汉化组]

[Mizushiro Takuya] Younger Girls! Celebration Ch. 1-3 [English] {Tadanohito}

[Kojima Miu] Boniku Market | MILF Meat Market (Hitozuma Zoukan - COMIC Kuriberon DUMA Vol. 2) [English] [MisterJ167] [Digital]

[Yusaritsukata (Awayume)] Suzuya to Natsu LOVE VACATION | Summer Love Vacation With Suzuya (Kantai Collection -KanColle-) [English] [2d-market.com] [Decensored] [Digital]

Kibun Ten Kan | A change of pace

(C84) [Seven Days Holiday (Shinokawa Arumi, Koga Nozomu)] ULTIMARATIO (Sword Art Online) [English] [DirtyTranslations]

[Tecchan] Please, Onii-chan [English] [SaHa]