Patent infringement litigation concerning automotive antennas
First written in FY2017-Q1. 1 of 5 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual reportThe individual case concerning the automotive antenna patent infringement litigation with HARADA INDUSTRY CO.,LTD. described in prior fiscal years cannot be confirmed in the body of the disclosure for the fiscal year concerned.
- FY2018MaterialisedAnnual report
「The company has been sued by HARADA INDUSTRY CO.,LTD. for patent infringement, alleging that some of the automotive antenna products it manufactures and sells in Japan infringe patents held by HARADA INDUSTRY CO.,LTD. The claims seek: ① an injunction against the production, transfer and offer for transfer of the products; ② disposal of the products in the company's possession; and ③ payment of ¥40 million, plus late-payment damages at an annual rate of 5% from the day after service of the complaint until payment. The company believes that its products do not infringe the patents and will assert the validity of its position in court.」
The company states that it has been sued for patent infringement concerning automotive antennas, with claims for an injunction, disposal of the products and ¥40 million, among other relief. - FY2017-Q3MitigatedAnnual report
「The company had been found liable in the first lawsuit in a judgment dated 26 May 2016 and in the second lawsuit in a judgment dated 24 November 2016. The company appealed both cases to the Intellectual Property High Court, disagreeing with the judgments, but has now reached a settlement with HARADA INDUSTRY CO.,LTD. In connection with the settlement, ¥55 million representing a portion of the amount payable that had been finalized was recorded as an extraordinary loss in the third quarter of the fiscal year ending March 2017.」
Although the company lost the second lawsuit, the two lawsuits were settled, and ¥55 million representing a portion of the amount payable that had been finalized was recorded. - FY2017-Q2RestatedAnnual report
「On 26 May 2016, the court issued a judgment ordering the company to cease production and sales of the product and to pay ¥16.130 million in damages and other amounts.」
The company is restating the judgment ordering an injunction and damages in the patent infringement litigation, as well as the status of its appeal to the Intellectual Property High Court. - FY2017-Q1First statedAnnual report
「On 26 May 2016, the court issued a judgment ordering the company to cease production and sales of the product and to pay ¥16.130 million in damages and other amounts.」
In the patent infringement litigation, the company was ordered to cease production and sales and pay ¥16.130 million and other damages, and it has appealed the judgment.