Eradicating Counterfeit Goods and Securing Intellectual Property Rights
First written in FY2018. 2 of 4 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2022.
The whole theme swung hardest in 2024: 2 of 8 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「To protect customers from the risk of health problems caused by these malicious counterfeit products and enable them to use the products with confidence, the Group will continue to work actively worldwide to eliminate counterfeit products, maintaining its firm stance that counterfeit products will never be tolerated.」
The Company explicitly stated its continuing policy of eliminating counterfeit products to protect customers and maintain its brands. - FY2022-Q3AdvancedAnnual report
「The damages received primarily comprise ¥300 million in settlement proceeds under the Unfair Competition Prevention Act and ¥138 million in damages based on patent infringement.」
The Company recognised ¥300 million in settlement proceeds under the Unfair Competition Prevention Act and ¥138 million in damages based on patent infringement, adding to its record of legal action concerning intellectual property and unfair competition. - FY2021-Q3AdvancedAnnual report
「The damages received comprise ¥158 million paid to the Company out of ¥440 million in damages based on patent infringement.」
The Company received ¥158 million out of ¥440 million in damages based on patent infringement and disclosed concrete results in protecting its intellectual property rights. - FY2018First statedAnnual report
「The Company has secured intellectual property rights for more than 1,300 items globally. The sale and distribution of counterfeit products have become increasingly diverse with the spread of the internet, making countermeasures difficult. Nevertheless, the Group has strengthened its staffing for anti-counterfeiting measures and has achieved results including filing for provisional injunctions to halt sales by counterfeit sellers in South Korea, seizing manufacturing sites in China in cooperation with Chinese administrative authorities, and working with police authorities in Japan, South Korea and China to arrest sellers and manufacturers of counterfeit products.」
The Company demonstrated concrete results in combating counterfeit products, including securing more than 1,300 intellectual property rights, injunctions against sales, seizure of manufacturing sites and arrests.