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Naikai Zosen (7018) · RiskMaterialised

Damages litigation over alleged patent infringement involving vessels constructed by the company

First written in FY2021-Q2. 9 of 11 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseRestatedFY2021-Q2 – FY20232020: 12021: 420212022: 320222023: 220232024: 12024
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  1. FY2024MaterialisedAnnual report

    「Our group had been defending a patent infringement damages suit filed by 三菱造船株式会社 with the Tokyo District Court on 30 September 2020, alleging that a patent held by it had been infringed. The case was settled, and litigation-related costs of ¥561 million, including the settlement payment, have been recognized as an extraordinary loss.」

    The patent infringement litigation that had been pending was concluded through a settlement, and ¥561 million in litigation-related expenses, including the settlement payment, was recorded as an extraordinary loss.
  2. FY2023RestatedAnnual report

    「We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in this litigation.」

    The ¥1,240 million patent infringement suit filed by 三菱造船株式会社 remains pending, and the company continues to intend to assert that the patent is invalid and that there has been no infringement.
  3. FY2023-Q3RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in this suit.」

    The patent infringement suit filed by 三菱造船株式会社 remains pending, and the company continues to intend to assert that the patent is invalid and that there has been no infringement.
  4. FY2023-Q2RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in the litigation going forward.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社 is pending and that the company intends to assert that the patent is invalid and that there has been no infringement.
  5. FY2023-Q1RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in this suit.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社 is pending and that the company intends to assert that the patent is invalid and that there has been no infringement.
  6. FY2022-Q3RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in this suit.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社 is pending and that the company intends to assert that the patent is invalid and that there has been no infringement.
  7. FY2022-Q2RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in the litigation going forward.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社 is pending and that the company intends to assert that the patent is invalid and that there has been no infringement.
  8. FY2022-Q1RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in this suit.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社 is pending and that the company intends to assert that the patent is invalid and that there has been no infringement.
  9. FY2021RestatedAnnual report

    「On 30 September 2020, 三菱造船株式会社 filed a patent infringement damages suit with the Tokyo District Court, alleging that we infringed a patent held by it. The case is currently pending.」

    The patent infringement suit filed by 三菱造船株式会社 remains pending, and the company continues to intend to assert that the patent is invalid and that there has been no infringement.
  10. FY2021-Q3RestatedAnnual report

    「三菱造船株式会社 has filed a suit with the Tokyo District Court seeking damages of ¥1,240 million and payment of an amount calculated at 5% per annum from service of the complaint until payment, alleging that the structure of a vessel constructed by our group infringes a patent held by 三菱造船株式会社, which it acquired from Mitsubishi Heavy Industries,Ltd. through an absorption-type company split effective 1 January 2018. The case is currently pending. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in the litigation.」

    The description continues to state that the patent infringement suit filed by 三菱造船株式会社, seeking ¥1,240 million and an amount calculated at 5% per annum, is pending and that the company intends to assert its position.
  11. FY2021-Q2First statedAnnual report

    「三菱造船株式会社 has filed a suit with the Tokyo District Court seeking damages of ¥1,240 million and payment of an amount calculated at 5% per annum from service of the complaint until payment, alleging that the structure of a vessel constructed by our group infringes a patent held by 三菱造船株式会社, which it acquired from Mitsubishi Heavy Industries,Ltd. through an absorption-type company split effective 1 January 2018. We believe that the patent is invalid and that the vessel constructed by us does not infringe the patent, and intend to appropriately assert our position in the litigation.」

    三菱造船株式会社 has filed a patent infringement suit seeking ¥1,240 million and damages for delay at 5% per annum. The company states that it believes the patent is invalid and that the vessel constructed by it does not infringe the patent, and intends to assert this position in the litigation.
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