Lost opportunities due to piracy, counterfeit products and unauthorized distribution of the company's IP
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2020.
2 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If awareness in a given country of IP owned independently or jointly by our group significantly exceeds the level of copyright protection in that country, lost opportunities arising from infringement, including piracy, counterfeit products and unauthorized distribution, could exceed promotional costs.」
The company continues to disclose the risks of piracy, counterfeit products and unauthorized distribution of its own IP. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2019-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2018RestatedAnnual report
「However, if awareness of the IP significantly exceeds the level of copyright protection in the relevant country, lost opportunities arising from infringement, including piracy, counterfeit products and unauthorized distribution, could exceed promotional costs.」
Lost opportunities due to piracy, counterfeit products and unauthorized distribution of the company's IP continue to be identified as risks. - FY2018-Q4RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2018-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2018-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2017-Q4RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2017-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2017-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding lost opportunities due to piracy, counterfeit products and unauthorized distribution. - FY2016First statedAnnual report
「However, if awareness of the IP significantly exceeds the level of copyright protection in the relevant country, lost opportunities arising from infringement, including piracy, counterfeit products and unauthorized distribution, could exceed promotional costs.」
The difference between IP awareness and the level of copyright protection in each country is identified as a risk associated with global expansion.