Risk of Intellectual Property Rights Infringement and Unauthorized Use of Trademarks
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 59 companies on the "Worse" side.
- FY2026RestatedAnnual report
「When using third parties' portrait rights, trademark rights or other intellectual property rights in conducting its business, the Group obtains appropriate permission. However, if it were to infringe those rights, the rights holders could demand that the sale of products or provision of services based on those rights be discontinued and could seek damages.」
The company continues to disclose the risk of infringing third parties' intellectual property rights, as well as the risk of infringement and unauthorized use of the company's TGC trademarks. - FY2025WorsenedAnnual report
「When using third parties' portrait rights, trademark rights or other intellectual property rights in conducting its business, the Group obtains appropriate permission. However, if it were to infringe those rights, the rights holders could demand that the sale of products or provision of services based on those rights be discontinued and could seek damages.」
In addition to third-party infringement of the company's intellectual property and unauthorized use of its name, the company now explicitly identifies the risk of infringing third parties' portrait rights, trademark rights and other rights that it uses, broadening the scope of the risks covered. - FY2024RestatedAnnual report
「The Group has applied for and obtained intellectual property rights in Japan for the trademarks and other rights relating to its core brand, TOKYO GIRLS COLLECTION. However, if the Group's intellectual property rights are infringed by a third party, or if a third party holds an event under the TOKYO GIRLS COLLECTION name in a country or region where the Group has not obtained trademark rights, the performance of the Group may be affected by a decline in brand image and other factors.」
The company continues to identify the establishment of trademark and other rights in Japan, as well as the risks of third-party infringement and unauthorized use of the name in regions where rights have not been obtained. - FY2023First statedAnnual report
「The Group has applied for and obtained intellectual property rights in Japan for the trademarks and other rights relating to its core brand, TOKYO GIRLS COLLECTION. However, if the Group's intellectual property rights are infringed by a third party, or if a third party holds an event under the TOKYO GIRLS COLLECTION name in a country or region where the Group has not obtained trademark rights, the performance of the Group may be affected by a decline in brand image and other factors.」
The company describes both the establishment of rights in Japan and unauthorized use in countries and regions where rights have not been obtained.