Litigation Risks Arising from Systems, Development, Intellectual Property and Other Areas
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2019: 1 of 8 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「However, if services are suspended due to a system failure, defects occur in software developed by us, development does not progress as scheduled, an unexpected problem such as intellectual property infringement occurs, or some other problem arises in our relationships with business partners or others, we may face the risk of claims for damages or lawsuits arising from these circumstances.」
The company continues to disclose litigation risks arising from system failures, software defects, development delays, intellectual property infringement and similar matters. - FY2016First statedAnnual report
「However, if services are suspended due to a system failure, defects occur in software developed by us, development does not progress as scheduled, an unexpected problem such as intellectual property infringement occurs, or some other problem arises in our relationships with business partners or others, we may face the risk of claims for damages or lawsuits arising from these circumstances.」
Although the company states that no litigation or similar proceedings are pending as of the filing date, it identifies system failures, software defects, development delays and intellectual property infringement as potential causes of litigation.