Risk of Inability to Continue Licensing Agreements
First written in FY2017. 10 of 12 entries say "Restated". Latest entry: FY2023.
Naigai moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 8 of 42 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「Nearly 80% of our group’s total sales are generated from licensed brands for which we have obtained licences to use intellectual property rights owned by companies in Japan and overseas. If circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
For the first time, sales from licensed brands were quantified as accounting for nearly 80% of total sales, clarifying the degree of sales dependence in the event that licence agreements cannot be continued. Developing proprietary brands and reviewing the brand portfolio were also presented as response measures. - FY2022RestatedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The risk of being unable to continue licence agreements continues to be disclosed as before. - FY2021RestatedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The risk of being unable to continue licence agreements continues to be disclosed as before. - FY2020RestatedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The risk of being unable to continue licence agreements continues to be disclosed. - FY2020-Q3RestatedAnnual report
「(2) There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes from the previous fiscal year in the risk of being unable to continue licence agreements. - FY2020-Q2RestatedAnnual report
「(2) There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes from the previous fiscal year in the risk of being unable to continue licence agreements. - FY2020-Q1RestatedAnnual report
「(2) There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes from the previous fiscal year in the risk of being unable to continue licence agreements. - FY2019RestatedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The risk that licence agreements may not be continued continues to be disclosed. - FY2019-Q3RestatedAnnual report
「(2) There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of being unable to continue licence agreements. - FY2019-Q2RestatedAnnual report
「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of being unable to continue licence agreements. - FY2018RestatedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The risk that licence agreements relating to intellectual property rights owned by companies in Japan and overseas may not be continued continues to be disclosed. - FY2017First statedAnnual report
「Some of our group’s businesses are conducted under licences to use intellectual property rights owned by companies in Japan and overseas. However, if circumstances arise in which a licence agreement cannot be continued due to unforeseen events, this could affect the management of our group.」
The possibility that licence agreements dependent on intellectual property rights owned by companies in Japan and overseas may not be continued is disclosed.