Risk of infringement of third-party intellectual property rights and related litigation
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「However, even the above clearance searches cannot verify completely that no infringement exists. If a third party obtains intellectual property rights relating to the Group's business, or if intellectual property rights of which the Group is unaware already exist, the Group may face litigation based on allegations that it has infringed a third party's intellectual property rights.」
The Company has reiterated that the possibility of third-party intellectual property infringement claims and litigation remains even after conducting clearance searches. - FY2022RestatedAnnual report
「However, even the above clearance searches cannot verify completely that no infringement exists. If a third party obtains intellectual property rights relating to the Group's business, or if intellectual property rights of which the Group is unaware already exist, the Group may face litigation based on allegations that it has infringed a third party's intellectual property rights.」
The Company has reiterated that the possibility of third-party intellectual property infringement claims and litigation remains even after conducting clearance searches. - FY2017RestatedAnnual report
「However, even the above clearance searches cannot verify completely that no infringement exists. If a third party obtains intellectual property rights relating to the Company's business, or if intellectual property rights relating to the Company's business already exist without the Company's knowledge, the Company may face litigation based on allegations that it has infringed a third party's intellectual property rights.」
The Company has reiterated that the possibility of infringement claims and litigation by third parties remains even after conducting clearance searches. - FY2016First statedAnnual report
「However, even the above clearance searches cannot verify completely that no infringement exists. If a third party obtains intellectual property rights relating to the Company's business, or if intellectual property rights relating to the Company's business already exist without the Company's knowledge, the Company may face litigation based on allegations that it has infringed a third party's intellectual property rights.」
While conducting clearance searches, the Company identifies the possibility of infringement claims and litigation by third parties as a residual risk.