Risk of Infringing Third-Party Intellectual Property Rights and Business Restrictions
First written in FY2019. 1 of 2 entries say "Mitigated", first in FY2021. Latest entry: FY2021.
8 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「To mitigate these risks, the Group has established processes including a compliance review by the Legal Department when launching a new business, covering checks for infringement of third-party intellectual property rights, and operates its businesses to avoid infringing intellectual property rights and other rights.」
As a response to third-party intellectual property risks, the Group has specified a process for the Legal Department to verify potential infringement when launching new businesses and is also pursuing trademark registrations and patent acquisitions. - FY2019First statedAnnual report
「If the Group’s business operations are constrained because third-party intellectual property rights of which the Group was unaware have already been established, or if infringement of a third party’s intellectual property rights is discovered, the Group may suffer reputational damage and face claims for damages, which could affect its operating results and financial position.」
Newly disclosed risks include business constraints, reputational damage and potential claims for damages arising from the establishment of, or discovery of infringement of, third-party intellectual property rights.