Dependence on joint ownership of patents with the University of Tsukuba and an exclusive license
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group uses patented technology exclusively on its own under an exclusive patent license agreement with the University of Tsukuba. Although this agreement is important to the Group's business activities and remains effective until the expiration of the term of the licensed intellectual property rights, if continuation of the agreement becomes difficult for any reason, such as a breach of the agreement, a merger, the acquisition of significant assets, or the transfer of a material part of the Group's business, this could affect the Group's operating results, financial position, and future business development.」
The company continues to disclose as a risk its dependence on the joint patent ownership and exclusive license agreement with the University of Tsukuba, and the potential impact if continuation of the agreement becomes difficult. - FY2019RestatedAnnual report
「In addition, the Group uses patented technology under an exclusive patent license agreement with the University of Tsukuba. Although this agreement is important to the Group's business activities and remains effective until the expiration of the term of the licensed intellectual property rights, if continuation of the agreement becomes difficult for any reason, such as a breach of the agreement, a merger, the acquisition of significant assets, or the transfer of a material part of the Group's business, this could affect the Group's operating results, financial position, and future business development.」
The company continues to identify as a risk its dependence on the joint patent ownership and exclusive license agreement with the University of Tsukuba, and the potential impact if continuation of the agreement becomes difficult. - FY2018RestatedAnnual report
「In addition, the Group uses patented technology under an exclusive patent license agreement with the University of Tsukuba. Although this agreement is important to the Group's business activities and remains effective until the expiration of the term of the licensed intellectual property rights, if continuation of the agreement becomes difficult for any reason, such as a breach of the agreement, a merger, the acquisition of significant assets, or the transfer of a material part of the Group's business, this could affect the Group's operating results, financial position, and future business development.」
The company continues to identify as a risk its dependence on the joint patent ownership and exclusive license agreement with the University of Tsukuba, and the potential impact if continuation of the agreement becomes difficult. - FY2017First statedAnnual report
「The Group uses patented technology under an exclusive patent license agreement with the University of Tsukuba. Although this agreement is important to the Group's business activities and remains effective until the expiration of the term of the licensed intellectual property rights, if continuation of the agreement becomes difficult for any reason, such as a breach of the agreement, a merger, the acquisition of significant assets, or the transfer of a material part of the Group's business, this could affect the Group's operating results, financial position, and future business development.」
The company has, for the first time, separately identified as a business risk the possibility that continuation of the joint patent ownership and exclusive license agreement with the University of Tsukuba may become difficult.