Risk of intellectual property infringement and injunction claims
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 2 of 9 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If our group faces an intellectual property infringement lawsuit, a claim for an injunction against use or other legal action by a third party due to the unclear scope of intellectual property rights, differing interpretations of contractual terms or other factors, resolving the matter could require substantial time and expense and may affect our group’s business performance and future business development.」
The risk of intellectual property infringement lawsuits and claims for injunctive relief against use continues to be disclosed, together with references to strengthening the internal management framework. - FY2022RestatedAnnual report
「Our group is strengthening its internal management systems for intellectual property rights in response to technological innovation in the internet business industry and the expansion of intellectual property rights businesses. However, if our group faces a lawsuit for intellectual property infringement or a claim for an injunction against use from a third party due to uncertainty over the scope of intellectual property rights or differing interpretations of contractual terms, resolving the matter could require substantial time and expense and affect our group’s performance and future business development.」
While strengthening its intellectual property rights management framework, the company continues to disclose the risk of infringement lawsuits and claims for injunctive relief against use. - FY2021First statedAnnual report
「However, if our group faces a lawsuit for intellectual property infringement or a claim for an injunction against use from a third party due to uncertainty over the scope of intellectual property rights or differing interpretations of contractual terms, resolving the matter could require substantial time and expense and affect our group’s performance and future business development.」
The company identifies as a new risk the possibility of infringement lawsuits or injunction claims relating to the use of its own or third-party intellectual property rights and the interpretation of contracts.