Risk of product supply following the expiration of brand licenses
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「"Converse" brand sportswear and sports bags: grant of trademark usage rights, from 1 January 2025 to 31 December 2028」
A new agreement term through the end of 2028 has been disclosed, replacing the agreement that ran through the end of 2024 for the Converse brand trademark usage rights. - FY2024Disclosure of the license agreement termAnnual report
「"Converse" brand sportswear and sports bags: grant of trademark usage rights, from 1 January 2020 to 31 December 2024」
The agreement term for the trademark usage rights for the Converse brand was disclosed as running through 31 December 2024. There is no indication that the agreement ended or that supply became unavailable. - FY2018RestatedAnnual report
「Contracts may be terminated due to changes in a licensor's sales strategy or other factors, which could make it impossible to supply products. If disagreements arise between the parties for management, financial or other reasons, the continuation of the business under the license agreement could be jeopardized.」
The disclosure reiterates the risks to product supply and business continuity arising from the termination of license agreements or disagreements between the parties. - FY2017RestatedAnnual report
「Contracts may be terminated due to changes in a licensor's sales strategy or other factors, which could make it impossible to supply products. If disagreements arise between the parties for management, financial or other reasons, the continuation of the business under the license agreement could be jeopardized.」
The disclosure reiterates the risks to product supply and business continuity arising from the termination of license agreements or disagreements between the parties. - FY2016First statedAnnual report
「Contracts may be terminated due to changes in a licensor's sales strategy or other factors, which could make it impossible to supply products.」
The disclosure states that the expiration of brand contracts or disagreements between the parties could affect business continuity.