Risk of Litigation and Manufacturing and Sales Suspension Due to Infringement of Third-Party Intellectual Property Rights
First written in FY2020. 1 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2024.
- FY2024RestatedAnnual report
「The Company will actively secure rights to the technologies developed by the Group through a portfolio strategy, while i) regularly reviewing the details of new patents related to the Company's business and ii) formalizing procedures for conducting preliminary investigations when developing and selling products to avoid conflicts or similarities with third-party intellectual property rights and taking avoidance measures in advance where a potential conflict or other issue is identified.」
The Company continues to secure intellectual property rights, regularly review new patents, conduct preliminary investigations and formalize avoidance procedures. - FY2022AdvancedAnnual report
「The Group is strengthening its intellectual property department, which manages patents and other intellectual property rights, and is securing rights to the technologies it develops. It is also working to establish a framework to prevent infringement of third-party intellectual property rights, including i) regularly reviewing the details of new patents related to the Company's business, and ii) conducting preliminary investigations when developing and selling products to avoid conflicts or similarities with third-party intellectual property rights and formalizing procedures for taking avoidance measures in advance where a potential conflict or other issue is identified.」
In addition to strengthening the intellectual property department and securing rights to development technologies, the Company specifically describes regular reviews of new patents, preliminary investigations and formalization of avoidance procedures. - FY2021MitigatedAnnual report
「The Group is strengthening its intellectual property department, which manages patents and other intellectual property rights, and is securing rights to the technologies it develops. In developing and selling products, we conduct preliminary investigations to avoid conflicts or similarities with third-party intellectual property rights, and where a potential conflict or other issue is identified, we take steps in advance to avoid it, thereby taking care to prevent infringement of third-party intellectual property rights.」
The Company specifically describes strengthening the relevant department, securing rights, conducting preliminary investigations and taking avoidance measures in response to the risk of infringing third-party intellectual property rights. - FY2020First statedAnnual report
「With respect to intellectual property rights relating to the Group's products, the Group or its customers and other parties could face patent infringement lawsuits or similar claims from third parties and incur damages, the Group's products could become unable to be manufactured or sold in certain countries or regions, or the Group could incur liability for damages to its customers and other parties.」
Separately from individual litigation in prior years, the Company systematically describes damages relating to third-party intellectual property rights, suspension of manufacturing and sales, and liability for damages to customers as general risks.