Intellectual Property
The Company regards intellectual property (IP) that has resulted from its R&D activities to be an important management resource underpinning SEKISUI CHEMICAL Group’s growth and profitability as well as efforts toward the maximization of corporate value. For that reason, SEKISUI CHEMICAL Group endeavors to secure strategic IP that supports its business activities, as well as to maintain and manage any acquired IP.
Meanwhile, we conduct periodic investigations to avoid infringing upon the IP rights of others, and take appropriate measures to avoid and prevent others from infringing upon the IP rights of SEKISUI CHEMICAL Group.
We have adopted the Patent Asset Index™ (PAI), which benchmarks the strengths of patent evaluation and innovation, as an index, and are bolstering our focus on improving the quality of patents, under the next Medium-term Management Plan.
At each divisional company, the Intellectual Property, Business, and R&D divisions are in constant cooperation, striving to achieve prominence over our competitors based on the distinctive characteristics of their respective areas. In this way, we promote IP activities which link to the expansion and growth of our business.
At our Corporate Headquarters, we carry out unified planning and promotion of IP strategy for all Group companies, aiming to optimize their IP resources.
SEKISUI CHEMICAL Group has set up independent intellectual property divisions at its Corporate Headquarters and at each divisional company. This takes into account the Group’s divisional company structure and enables the Group to promptly engage in activities that are attuned to the business environment of each divisional company.
In addition, the activities of each Intellectual Property Division are regularly monitored by the R&D Committee, which holds discussions with top management.
Strategic Activities for Securing Intellectual Property
SEKISUI CHEMICAL Group places considerable emphasis on strategic IP activities in order to maximize its prominence in technology and contribute to business growth. These activities are not limited to patent information alone. We are also promoting strategic IP activities such as appropriate strategic development and management of our IP portfolio based on analysis of the competitive environment, including a wide range of business-related non-patent information such as IP data, the market, and competitors.
Employee Education on Intellectual Property
To ensure that each individual developer can maintain and manage the Company’s intellectual property and avoid or prevent infringement of intellectual property by others, SEKISUI CHEMICAL Group has prepared several educational programs tailored to the level of each developer, from the acquisition of basic knowledge to strategy building, while conducting Group-wide educational activities relating to IP.
Reasonable Evaluations with Regard to Inventions
In addition to paying monetary incentives for inventions made by employees, the Invention Grand Prize has been established as one part of our efforts to ensure researchers and engineers receive the evaluations and recognition they deserve. The Invention Grand Prize pays out monetary incentives to inventors employed by the Company as compensation for their achievements that have made a particularly large contribution to profits. In fiscal 2021, a third-class certification was granted for a patent related to profiles for the SPR-SE method.
- 15-20
- 15-21
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Number of patent application filings
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Number of patents held
- 10-01-1
Patent Asset Index™ growth rate
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Note 1:Patent Asset Index™ growth rate calculated using LexisNexis' PatentSight® patent analysis tool over the past five years.
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Note 2:The Patent Asset Index™ is a comprehensive evaluation index of patents that multiplies the technical value calculated based on the number of citations and the market value calculated based on the country of application for each patent with valid legal status, and adds them together to show the asset value of the patent.