Trademark Infringement and Business Format Name Management Risk
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2023.
4 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Before using a business-format name, we check through external specialists and other means whether its use could infringe a third party's trademark rights. Where possible, we also register the name as a trademark in the name of our group, thereby seeking to avoid infringing third-party rights and secure our group's own rights.」
Management of business-format names through reviews by external specialists and trademark registration continues to be disclosed. - FY2020First statedAnnual report
「Before using a business-format name, we check through external specialists and other means whether its use could infringe a third party's trademark rights. Where possible, we also register the name as a trademark in our own name, thereby seeking to avoid infringing third-party rights and secure our own rights. However, if it is determined that a name used by us infringes a third party's trademark rights, for example because it is similar to the third party's name, we may face demands to cease using the trademark and to pay royalties or damages.」
The possibility of demands to cease using business-format names and to pay royalties or damages, as well as measures involving specialist reviews and trademark registration, was disclosed as a new risk.