Patent Infringement Litigation Concerning Superabsorbent Resin
First written in FY2017-Q1. 6 of 10 entries say "Restated". Latest entry: FY2019-Q2.
0 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「The Company had been sued by NIPPON SHOKUBAI CO.,LTD. (the “Company”) in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016 (the “Lawsuit”). The Lawsuit was concluded through an out-of-court settlement dated 29 August 2018.」
The patent infringement litigation concerning superabsorbent resin with NIPPON SHOKUBAI CO.,LTD. was concluded through an out-of-court settlement dated 29 August 2018, and it is stated that the matter had no impact on consolidated results. - FY2019-Q1RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and its impact on future consolidated results is stated to be uncertain. - FY2018ReframedAnnual report
「In addition, as a result of current and future disputes relating to intellectual property, a decision unfavorable to the Group may be rendered.」
The individual lawsuit with NIPPON SHOKUBAI CO.,LTD. is not specifically identified in the risk disclosures for the fiscal year and is described as a general current and future intellectual property dispute. - FY2018-Q3RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and its impact on future consolidated results is stated to be uncertain. - FY2018-Q2RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and the claims and the impact on future consolidated results continue to be disclosed as uncertain. - FY2018-Q1RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and its impact on future consolidated results is stated to be uncertain. - FY2017ReframedAnnual report
「In the future, disputes relating to intellectual property may arise, and a decision unfavorable to the Group may be rendered.」
The patent infringement litigation with NIPPON SHOKUBAI CO.,LTD. previously disclosed is no longer described separately and is presented as a general future risk relating to intellectual property disputes. - FY2017-Q3RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and the claims, the petition for patent invalidation and the uncertainty regarding the impact on future consolidated results continue to be disclosed. - FY2017-Q2RestatedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016.」
Patent infringement litigation concerning superabsorbent resin is ongoing, and the Company asserts that the grounds for invalidating the patent and the plaintiff's claims are without merit. The impact on future consolidated results is stated to be uncertain. - FY2017-Q1First statedAnnual report
「The Company was sued by NIPPON SHOKUBAI CO.,LTD. in connection with the superabsorbent resin it manufactures and sells, on the grounds that it infringed the company's patent rights. The lawsuit sought an injunction against the infringement of patent rights, including an injunction against manufacturing, disposal of the products, payment of ¥1 billion, and payment of late charges at an annual rate of 5% until payment was completed. The complaint was accepted on 29 January 2016. The Company has currently petitioned the Intellectual Property High Court to invalidate the patent in question and rescind the trial decision.」
The lawsuit had already been filed, with claims for an injunction against manufacturing, disposal of products, payment of ¥1 billion and late charges. The Company had petitioned for invalidation of the patent.