Not Found (Lot 2548) is one of the finest examples from Suwa's Japanese Beauty series, which takes Suwa's research into the territory of bijinga (pictures of beautiful women), a traditional Japanese subject matter. Unlike a traditional bijinga produced to entertain male audience, Suwa's one is a result from a critical research on social agenda of Japanese identity. For this series, he selectively met and interviewed eight Japanese females of varied backgrounds, including Ainu-Japanese and half-blooded Japanese, whose mixed-race backgrounds challenge the ideals of this genre.

Not Found is a portrait of a young girl who is the third successive generation of her family born in downtown Tokyo. Due to work transfers, she moved from repeatedly throughout the country. Suwa keenly captures and reveals her inner yearning for a stable home back in Tokyo. His vivid depiction of her facial expression, combined with the subtlety of her pose, evokes within the viewer an instant sympathy. As Suwa's paintings here demonstrate, although he engages with the realist tradition, he subverts the viewers' expectations by highlighting the affective and ethereal qualities of his subjects. It is clear then that he is not a mere hyperrealist painter who only pays attention to acute description on surface of the subject, but a conceptual artist working with the tools of realism to pursue questions of existence, life and death, by unveiling the subject's innate spirituality beyond materialistic surface.