Risks of Market Erosion Caused by Counterfeit Products and Infringement of Other Companies’ Intellectual Property Rights
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In response to these risks, the company is working to strengthen its intellectual property management framework in cooperation with external specialists. It also provides internal intellectual property training led by external instructors to raise employee awareness.」
As measures addressing the risks of intellectual property infringement and counterfeit products, the company added cooperation with external specialists and internal training led by external instructors. - FY2021RestatedAnnual report
「The company conducts a careful preliminary investigation to ensure that the private-label products it develops and sells do not infringe third-party intellectual property rights, including trademarks. However, if it were to infringe such rights and the rights holder discovered the infringement first, the company could receive a warning and face an injunction claim or a claim for damages. Depending on the nature and outcome of the matter, this could affect the company’s operating results and financial condition.」
The company continues to describe the risks of market erosion from counterfeit products and warnings, injunctions and damages claims arising from infringement of third-party intellectual property rights. - FY2020WorsenedAnnual report
「The company conducts a careful preliminary investigation to ensure that the private-label products it develops and sells do not infringe third-party intellectual property rights, including trademarks. However, if it were to infringe such rights and the rights holder discovered the infringement first, the company could receive a warning and face an injunction claim or a claim for damages. Depending on the nature and outcome of the matter, this could affect the company’s operating results and financial condition.」
In addition to the existing risk of market erosion from counterfeit products, the company explicitly identifies the risks of warnings, injunctions and damages claims arising from infringement of third-party intellectual property rights, thereby broadening the scope of the risks disclosed. - FY2019RestatedAnnual report
「The company has taken measures to differentiate its products from those of competitors and secure certain intellectual property rights, but if sales of counterfeit products by other companies erode the market for the company’s products, this could affect its operating results.」
The company continues to describe the risk of market erosion caused by counterfeit products and its response of securing intellectual property rights. - FY2017First statedAnnual report
「The company has taken measures to differentiate its products from those of competitors and secure certain intellectual property rights, but if sales of counterfeit products by other companies erode the market for the company’s products, this could affect its operating results.」
The company newly identifies as risks market erosion caused by counterfeit products and potential infringement of third-party intellectual property rights in the development and sale of private-label products.