Risks of Patent Grant Failure, Technological Displacement, and Third-Party Disputes
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 4 of 42 companies on the "Worse" side.
63 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「There is no guarantee that all of the patents currently being applied for by the Group will be granted. Moreover, even if patents are granted, there is always a possibility that the technologies covered by the Group's patents could become obsolete as a result of superior research and development beyond the Group's own capabilities.」
The uncertainty surrounding patent grants, technological obsolescence due to superior technologies and the risk of intellectual property disputes with third parties have been reaffirmed. - FY2020RestatedAnnual report
「There is no guarantee that all of the patents currently being applied for by the Group will be granted. Moreover, even if patents are granted, there is always a possibility that the technologies covered by the Group's patents could become obsolete as a result of superior research and development beyond the Group's own capabilities.」
The uncertainty surrounding patent grants, technological obsolescence due to technology advances and the risk of intellectual property disputes with third parties have been reaffirmed. - FY2019RestatedAnnual report
「There is no guarantee that all of the patents currently being applied for by the Group will be granted. Moreover, even if patents are granted, there is always a possibility that the technologies covered by the Group's patents could become obsolete as a result of superior research and development beyond the Group's own capabilities.」
The uncertainty surrounding patent grants, technological obsolescence due to superior technologies and the risk of intellectual property disputes with third parties have been reaffirmed. - FY2017First statedAnnual report
「There is no guarantee that all of the patents currently being applied for by the Group will be granted. Moreover, even if patents are granted, there is always a possibility that the technologies covered by the Group's patents could become obsolete as a result of superior research and development beyond the Group's own capabilities.」
The Company discloses the possibility that patent applications may not result in granted patents, that its technologies may become obsolete due to superior technologies, and that intellectual property disputes may arise with third parties.