Business Risks Including Natural Disasters, Competition, Side Effects and Partnership Dissolution
First written in FY2016. 1 of 3 entries say "Reframed", first in FY2019. Latest entry: FY2020.
0 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「By acquiring U.S.-based ArmaGen in April 2020, the Company obtained intellectual property rights relating to technology for crossing the blood-brain barrier in the United States and elsewhere. The Company currently assesses the risk of infringing third-party intellectual property rights relating to this technology as low.」
Specified the risk of intellectual property infringement and stated that the Company assesses the current infringement risk as low because it acquired the relevant intellectual property through the acquisition of ArmaGen. - FY2019ReframedAnnual report
「In addition to the above, various risks exist, including delays or stoppages in business activities due to natural disasters and other events, interruptions to raw material procurement, infringement of intellectual property rights, environmental issues, concerns regarding product safety and quality, the emergence of adverse effects, changes in the product environment such as intensifying competition, the termination of licenses or alliances, system failures, information leaks and the filing of lawsuits. The risks listed here do not constitute all of the Group's risks.」
Reorganized the risk items by adding intellectual property rights, the environment, product quality, system failures and information leaks to the previously listed risks such as natural disasters, competition, adverse effects and the dissolution of alliances. - FY2016First statedAnnual report
「In addition to the above, various risks exist, including delays or stagnation in production activities due to natural disasters and other events, intensifying competition with other companies, the emergence of adverse effects, the termination of licenses or alliances, interruptions to overseas procurement of raw materials, the filing of lawsuits and foreign exchange rate fluctuations. These risks may affect the Group's operating results and financial position.」
Provides a comprehensive list including natural disasters, production disruptions, competition, adverse effects, the dissolution of alliances, interruptions to raw material procurement and litigation.