Intellectual Property Management Policy

The proper protection and use of copyrights, trademarks and other intellectual property rights have a major impact on business competitiveness, while illegal actions such as intellectual property rights infringement is one of major risks in corporate management. The Sumitomo Forestry Group strives to properly manage intellectual property, including the protection of intellectual property at the right time based on the unique characteristics of each business and consult with others as necessary, to sustain and improve competitiveness.

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Systems for Managing Intellectual Property

Sumitomo Forestry established the Intellectual Property Department and it employs a number of patent lawyers on its department staff. The Intellectual Property Department provides a wealth of support that includes education to cultivate knowledge about intellectual property in employees, legal consultation about the infringement and violation of intellectual property rights, assistance for the execution of various contracts related to intellectual property as well as the creation of intellectual property in Tsukuba Research Institute and each division in addition to filings and the protection of the intellectual property that is created.

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Intellectual Property Education

Sumitomo Forestry Group conducts intellectual property classroom training for employees under a systematic program that compiles content appropriate to each department. The purpose is to systematically teach the correct knowledge and fundamental actions for handling intellectual property from the perspectives of compliance and risk management. In fiscal 2018, Sumitomo Forestry held 11 training sessions on intellectual property for employees in charge of research and development as well as marketing and planning at the Tsukuba Research Institute, business departments and affiliate companies in an effort to ensure thorough compliance and risk management.

We have also established an environment in which all Sumitomo Forestry Group employees can access intellectual property-related classes that places emphasis on aspects of compliance at all times through our e-learning website. This course is a mandatory course that must be taken by each Sumitomo Group employee every year.

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Sustainability Report