Litigation Risk Related to Intellectual Property Rights Infringement, Breach of Contract and Other Matters
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 3 of 25 companies on the "Worse" side.
45 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「However, we believe there is a risk that, in the future, third parties may bring claims for damages or other litigation alleging infringement of intellectual property rights, including patents, copyrights and trademarks relating to our software products, and business partners may bring claims for damages or other litigation alleging breach of contract due to negligence or other conduct attributable to our group.」
Although the company states that there is no significant litigation, it has reiterated the risk of future litigation involving infringement of intellectual property rights or breach of contract. - FY2018RestatedAnnual report
「As of the end of the current consolidated fiscal year, our group had no matters constituting significant litigation or other legal proceedings. However, we believe there is a risk that, in the future, third parties may bring claims for damages or other litigation alleging infringement of intellectual property rights, including patents, copyrights and trademarks relating to our software products, and business partners may bring claims for damages or other litigation alleging breach of contract due to negligence or other conduct attributable to our group.」
Although the company states that there was no significant litigation at the end of the fiscal year, it continues to describe the risk of future litigation involving infringement of intellectual property rights or breach of contract. - FY2017MaterialisedAnnual report
「Litigation settlement payment △35,000」
Although ¥35 million was paid in litigation settlements during the fiscal year, the litigation loss provision on the consolidated balance sheet was zero. - FY2016First statedAnnual report
「As of the end of the current consolidated fiscal year, our group had no matters constituting significant litigation or other legal proceedings. However, we believe there is a risk that, in the future, third parties may bring claims for damages or other litigation alleging infringement of intellectual property rights, including patents, copyrights and trademarks relating to our software products, and business partners may bring claims for damages or other litigation alleging breach of contract due to negligence or other conduct attributable to our group.」
Although the company states that there is no significant litigation, the consolidated financial statements include a litigation loss provision of ¥35 million.