Suspension of Services Due to Intellectual Property Infringement or License Termination
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Because we produce original content based on licensed content such as "The 7 Habits®," the "Harada Method®," and "Dale Carnegie Training," securing intellectual property, including copyrights and trademark rights, is important to the performance of our operations.」
The risk that training content using third-party licences may no longer be provided due to intellectual property infringement or licence termination continues to be disclosed. - FY2023WorsenedAnnual report
「In addition, the exclusive franchise agreement entered into by the Group with DALE CARNEGIE & ASSOCIATES, INC. for Japan, excluding certain areas, namely Tokyo, Osaka and Kanagawa, includes a contractual provision requiring us, at the earlier of the date on which franchise rights for Tokyo and Kanagawa are acquired or the third anniversary of the effective date, either to cease providing "The 7 Habits®" training to corporations or to establish a wholly owned subsidiary that provides only Dale Carnegie Training.」
The franchise agreement with Dale Carnegie now specifies regional rights and the contractual conditions requiring the discontinuation of corporate offerings of "The 7 Habits®" or the establishment of a wholly owned subsidiary at a specified time. - FY2022RestatedAnnual report
「Because we produce original content based on licensed content such as "The 7 Habits®" and the "Harada Method®," securing intellectual property, including copyrights and trademark rights, is important to the performance of our operations.」
The risk that content may no longer be provided due to infringement of third-party intellectual property rights or termination of licence agreements continues to be disclosed. - FY2020First statedAnnual report
「If our licence agreements for content such as "The 7 Habits®" and the "Harada Method" are terminated and we can no longer provide the content, this may hinder the Group's sales activities and affect its operating results and financial position.」
The risk that training content using third-party licences may no longer be provided due to contract termination or intellectual property issues is disclosed.