Risk of Infringing Third-Party Intellectual Property Rights
First written in FY2018. 1 of 3 entries say "Materialised", first in FY2020. Latest entry: FY2021-Q3.
- FY2021-Q3MitigatedAnnual report
「Morisawa Inc. had initiated mediation against the company concerning the reproduction of a font program, but a settlement with the petitioner was reached on 27 April 2021. In connection with the settlement, the company recorded total settlement payments of ¥9.272 million as an extraordinary loss in the consolidated third quarter accounting period of the fiscal year ending July 2021.」
A settlement was reached on 27 April 2021 in the mediation concerning duplication of font programs, and settlement costs of ¥9.272 million were recorded as an extraordinary loss. - FY2020MaterialisedAnnual report
「Mediation proceedings have been initiated against the company. The details of the mediation are as follows. Tokyo Summary Court, 1 September 2020. Morisawa Inc. initiated mediation proceedings against the company, seeking payment of ¥20.321 million in losses arising from the duplication of font programs, together with delinquency damages.」
The risk previously disclosed as the possibility of infringing third-party intellectual property rights led to mediation proceedings being initiated on 1 September 2020, involving a claim for ¥20.321 million arising from the duplication of font programs. - FY2018First statedAnnual report
「Accordingly, if the Group infringes a third party's intellectual property rights, that third party could bring an action seeking damages, an injunction against use or other relief, potentially affecting the company's business and performance as a result.」
The company indicates the possibility of claims for damages and injunctions against the use of intellectual property arising from infringement of third-party intellectual property rights.