Risks Relating to Intellectual Property Licenses and Infringement
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 4 of 42 companies on the "Worse" side.
63 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The company provides content after applying to and obtaining permission from publishers, the Japanese Society for Rights of Authors, Composers and Publishers (JASRAC), and holders of master recording rights and other rights. However, if the terms of such permissions change in the future or new permissions for rights other than copyrights or neighboring rights become necessary,」
It continues to indicate the risk of business constraints arising from changes in the terms of rights permissions, the need for new permissions and unintended infringement. - FY2017First statedAnnual report
「The Company takes care to avoid infringing third-party copyrights and other intellectual property rights. However, if it unintentionally infringes intellectual property rights, a third party may demand payment of compensation, which could affect the Company’s results.」
Discloses risks including changes to licensing terms, the need for new licenses, violations by rights holders and unintended infringement that could constrain the business or result in payment demands.