Later, a theory claiming that this painting was drawn by Eitoku, ordered by Yoshiteru ASHIKAGA and completed in 1565 (when Eitoku was 23 years old) became dogmatic due to the research of the historian Katsuya SETA, and Hideo KURODA who wrote "Nazotoki Rakuchu Rakugaizu" (Unraveling the mysteries of Rakuchu Rakugai-zu).
その後歴史家の瀬田勝哉や黒田日出男の研究により、本作品は永徳の筆で、注文者は足利義輝、制作完成は永禄8年（1565年、永徳23歳）とする説がほぼ定説となっている（黒田日出男『謎解き洛中洛外図』など）。