Risk of termination of trademark licence and other agreements
First written in FY2016. 3 of 5 entries say "Mitigated", first in FY2018. Latest entry: FY2025.
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- FY2025MaterialisedAnnual report
「As there was also rush demand, mainly from inbound visitors, for brands whose licence agreements had ended in December of the previous year, net sales exceeded those in the previous fiscal year.」
The termination of licence agreements for certain brands actually occurred, and rush demand before termination is cited as a factor behind sales. - FY2024MitigatedAnnual report
「The agreement was renewed and executed for the period from July 2024 through June 2027.」
Regarding the trademark licence rights and other matters for “Macintosh Philosophy,” the company states that the agreement was renewed and executed for the period from July 2024 through June 2027, following the expiry of the previous agreement. - FY2021MitigatedAnnual report
「The agreement was renewed and executed for the period from July 2021 through June 2024.」
Regarding the trademark licence rights and other matters for Macintosh Philosophy, the company discloses that the agreement was renewed and executed for the period from July 2021 through June 2024, indicating progress in addressing the risk of termination. - FY2018MitigatedAnnual report
「The agreement was renewed and executed for the period from July 2018 through June 2021.」
Regarding the risk of termination of agreements for trademark licence rights and other matters, the company states that the Macintosh Philosophy agreement had been renewed and executed through June 2021. The individual agreement periods are shown for the other agreements. - FY2016First statedAnnual report
「The company currently maintains good business relationships with its contracting parties, but termination of an agreement with a contracting party could affect the Group's business performance.」
The company discloses the risk of dependence on agreements with overseas companies and others for trademark licence rights and the manufacture and sale of products reproducing licensed designs.