Intellectual Property Infringement and Counterfeit Product Distribution in Emerging Markets
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 8 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Meanwhile, in some emerging markets, similar products that improperly use the Company's trademarks, or so-called counterfeit products, have been confirmed to be in circulation.」
The circulation of counterfeit products in emerging markets, the risk of damage to the Company's credibility, and responses through customer warnings and introductions to authorized distributors continue. - FY2025RestatedAnnual report
「In some emerging markets, similar products that improperly use the Company's trademarks, or so-called counterfeit products, have been confirmed to be in circulation.」
The circulation of counterfeit products in emerging markets, the risk of reputational damage, and responses through customer warnings and introductions to authorized distributors continue. - FY2022RestatedAnnual report
「Meanwhile, in some emerging markets, similar products that improperly use the Company's trademarks, or so-called counterfeit products, have been confirmed to be in circulation.」
The circulation of counterfeit products in emerging markets, the risk of reputational damage, and responses through customer warnings and introductions to authorized distributors continue to be described. - FY2021RestatedAnnual report
「Meanwhile, in some emerging markets, similar products that improperly use the Company's trademarks, or so-called counterfeit products, have been confirmed to be in circulation.」
The circulation of counterfeit products in emerging markets, the risk of reputational damage, and responses through customer warnings and introductions to authorized distributors continue to be described. - FY2020First statedAnnual report
「Meanwhile, in some emerging markets, similar products that improperly use the Company's trademarks, or so-called counterfeit products, have been confirmed to be in circulation. In addition to unfairly taking away business opportunities from the Company, these products pose a risk of damaging the Company's reputation because of their inferior quality. In response, the Group is working to mitigate the risk by alerting customers and introducing authorized distributors.」
The circulation of counterfeit products improperly using the Company's trademarks is described as a confirmed event, with customer warnings and introductions to authorized distributors presented as countermeasures.