Risk of Intellectual Property Infringement and Failure to Obtain Sufficient Rights
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「When developing information systems and conducting related activities, the Group investigates whether there is any possibility of infringing third-party patents. At the same time, recognising intellectual property as an important management resource, it works to protect the Group’s intellectual property rights through contractual measures and the acquisition of industrial property rights.」
The company specified patent searches, contractual measures and the acquisition of industrial property rights as responses to the difficulty of identifying third-party intellectual property and the risk of infringement. - FY2022ReframedAnnual report
「The Group recognises the importance of effectively investing in, utilising and managing intellectual property and intangible assets, which are important management resources and sources of competitiveness, within its management and business strategies in order to enhance corporate value over the medium to long term, while also fully considering the need to respond to changes in the international economic security environment.」
The explanation expanded from the previous risks of identifying and acquiring third-party intellectual property rights to treating investment in, utilisation and management of intellectual property and intangible assets as management-strategy issues. - FY2020RestatedAnnual report
「However, it is extremely difficult to obtain a complete understanding of the intellectual property rights held by third parties in relation to the Group’s business activities, and the Group may also be unable to efficiently secure the intellectual property rights necessary to pursue its business activities.」
The company continued to disclose as risks the difficulty of identifying third-party intellectual property rights and the possibility of being unable to secure necessary rights. - FY2019First statedAnnual report
「However, it is extremely difficult to obtain a complete understanding of the intellectual property rights held by third parties in relation to the Group’s business activities, and the Group may also be unable to efficiently secure the intellectual property rights necessary to pursue its business activities.」
The company newly disclosed the possibility of being unable to secure necessary intellectual property rights, incurring losses from infringing or being subject to infringement claims involving third-party intellectual property rights, and experiencing a decline in revenue opportunities.