Risk of intellectual property infringement and entry by similar products
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because the Group has accumulated the specific product commercialization know-how based on the relevant intellectual property rights, no material impact on the Group’s performance is expected from infringement of those intellectual property rights. However, if similar products enter the market, they could affect the Group’s performance.」
The disclosure continued to cover both the mitigation of material impacts through accumulated product commercialization know-how and the possibility of similar products entering the market and third parties enforcing their rights. - FY2023RestatedAnnual report
「Because the Group has accumulated the specific product commercialization know-how based on the relevant intellectual property rights, no material impact on the Group’s performance is expected from infringement of those intellectual property rights. However, if similar products enter the market, they could affect the Group’s performance.」
The disclosure continued to cover both the mitigation of material impacts through accumulated product commercialization know-how and the possibility of similar products entering the market and third parties enforcing their rights. - FY2022RestatedAnnual report
「Because the Group has accumulated the specific product commercialization know-how based on the relevant intellectual property rights, no material impact on the Group’s performance is expected from infringement of those intellectual property rights. However, if similar products enter the market, they could affect the Group’s performance.」
The disclosure continued to cover both the mitigation of material impacts through accumulated product commercialization know-how and the risk of similar products entering the market. - FY2019RestatedAnnual report
「Because the Group has accumulated the specific product commercialization know-how based on the relevant intellectual property rights, no material impact on the Group’s performance is expected from infringement of those intellectual property rights. However, if similar products enter the market, they could affect the Group’s performance.」
The explanation that no material impact on performance is expected because product commercialization know-how has been accumulated was maintained, while the possibility of similar products entering the market and third parties enforcing their rights remains. - FY2018MitigatedAnnual report
「Because the Group has accumulated the specific product commercialization know-how based on the relevant intellectual property rights, no material impact on the Group’s performance is expected from infringement of those intellectual property rights. However, if similar products enter the market, they could affect the Group’s performance.」
An explanation was added that no material impact on performance is expected because the Group has accumulated product commercialization know-how, partially mitigating the risk assessment. At the same time, the possibility of similar products entering the market and third parties enforcing their rights remains. - FY2017First statedAnnual report
「The Group also routinely monitors other companies’ intellectual property rights to avoid disputes arising from infringement of third-party patents and other rights. However, if the Group infringes a third party’s intellectual property rights without being aware of it, the third party may enforce its rights against the Group, which could affect the Group’s performance.」
The risks of similar products entering the market and disputes or enforcement actions arising from infringement of third-party intellectual property rights were disclosed.