Risk of Infringing Third-Party Intellectual Property Rights and Related Claims
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022.
156 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group has assigned personnel responsible for legal and compliance matters within the Corporate Administration Division to review contract terms and, where necessary, engage external counsel, thereby taking the utmost care to avoid infringing third parties’ intellectual property rights.」
The company continues to address intellectual property rights risks through contract reviews by personnel responsible for legal and compliance matters and the use of external counsel. - FY2021RestatedAnnual report
「The Group has assigned personnel responsible for legal and compliance matters within the Corporate Administration Division to review contract terms and, where necessary, engage external counsel, thereby taking the utmost care to avoid infringing third parties’ intellectual property rights.」
The company continues to address intellectual property rights risks through contract reviews by personnel responsible for legal and compliance matters and the use of external counsel. - FY2020MitigatedAnnual report
「However, if a third party obtains intellectual property rights relating to the Group’s business, or if intellectual property rights of which the Group is unaware already exist, the Group may face claims from third parties for damages, injunctions against use, or similar relief. In such cases, this could affect the Group’s financial position and operating results.」
While the risk relating to third-party intellectual property rights remains, the company has established a Legal and Compliance Office headed by a legal specialist and is strengthening its compliance framework. - FY2019RestatedAnnual report
「The Group takes the utmost care to avoid infringing third parties’ intellectual property rights. However, if a third party obtains intellectual property rights relating to the Group’s business, or if intellectual property rights of which the Group is unaware already exist, the Group may face claims from third parties for damages, injunctions against use, or similar relief.」
The company continues to identify the risk of claims for damages or injunctions against use arising from infringement of third-party intellectual property rights. - FY2018First statedAnnual report
「The Group takes the utmost care to avoid infringing third parties’ intellectual property rights. However, if a third party obtains intellectual property rights relating to the Group’s business, or if intellectual property rights of which the Group is unaware already exist, the Group may face claims from third parties for damages, injunctions against use, or similar relief.」
The company identifies as a new business risk the possibility of claims for damages or injunctions against use relating to third-party intellectual property rights.