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Money Forward (3994) · RiskDropped

Patent Litigation and Intellectual Property Risk Relating to Accounting Software Functions

First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2017-Q3.

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ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q32017: 42017
Same theme, other companies
Litigation risk associated with infringement of intellectual property rightsA theme 9 companies write about · 9 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Dropped".

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  1. FY2017-Q3DroppedAnnual report

    「On 27 July 2017, the court rendered a judgment dismissing the plaintiff's claims. Since the plaintiff did not initiate an appeal by the deadline, the judgment became final, and the risk relating to this litigation described in “(14) Litigation and Other Matters” in the annual securities report for the previous fiscal year has been eliminated.」

    The judgment dismissing the plaintiff's claims in the patent litigation concerning MF Cloud Accounting became final, explicitly eliminating the risk associated with the litigation.
  2. FY2017-Q2RestatedAnnual report

    「During the first six months 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 securities report for the previous fiscal year.」

    It is stated that there have been no material changes concerning the risks of patent litigation and intellectual property rights relating to accounting software functions.
  3. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes concerning the risks of patent litigation and intellectual property rights.
  4. FY2016First statedAnnual report

    「On 21 October 2016, freee K.K. filed a lawsuit with the Tokyo District Court against us, alleging that the “account title suggestion function” in our cloud-based accounting software, “MF Cloud Accounting,” infringed freee's patent, and seeking an injunction against the manufacture and sale of the product, among other remedies.」

    The litigation has already occurred, and the impact on the business and business performance in the event of an adverse judgment is identified as a risk.
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Patent Litigation and Intellectual Property Risk Relating to Accounting Software Functions | Money Forward,Inc. (3994) | Komori