Intellectual property is an important management resource that underpins growth and revenue aimed at optimizing corporate value.
Protection and RespectProtecting Our Intellectual Property and Respecting the Intellectual Property Rights of Others
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.
In order that each individual developer can implement these measures, we have prepared several educational programs tailored to the level of each developer, from the acquisition of basic knowledge to strategy building, and conduct Group-wide educational activities relating to IP.
Reasonable Evaluations with Regard to InventionsPaying Fair Monetary Incentives for Valuable 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 those of their achievements that have made a particularly large contribution to profits. In fiscal 2019, a first-class certification was granted for a patent on heat insulation interlayer films.
Toward Securing Intellectual PropertyPlacing Considerable Emphasis on Strategic Intellectual Property Activities
Sekisui Chemical Group places considerable emphasis on strategic IP activities in order to maximize its technological prominence and contribute to business growth. Among a host of activities, the Group identifies business strategies based on an analysis of the competitive environment. To this end, the Group assesses the IP landscape, which includes a review of IP, market and peer data. The Group also engages in IP portfolio management.
Promotion SystemSet Up Independent Intellectual Property Division at the Group’s Corporate Headquarters and Each Divisional Company
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.
The intellectual property divisions, the business divisions, and the R&D divisions at each divisional company maintain constant cooperation and are engaging in activities that facilitate the building of an IP network almost to the complete exclusion of competitors putting in place a forum to deliberate on IP activities with management.
The Intellectual Property Division at the Group’s Corporate Headquarters is responsible for the planning and drafting of basic IP strategies that are common to the entire Group, the protection of trademarks, IP education and training as well as IP management. Taking into consideration its corporate R&D mission of creating new businesses, Sekisui Chemical Group draws on an analysis of the IP landscape at an early stage to engage in strategic IP activities that allow it to overwhelmingly succeed while continuously dominating the market.
In this manner, the Group’s Corporate Headquarters and the intellectual property divisions of each divisional company are working closely together to build the Group's intellectual property while engaging in strategic intellectual property activities in line with the business environment.
Number of patent application filings
Number of patents held