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Road Map for Growth

Intellectual Property Strategy

Intellectual Property Activities to Support Innovative Creation

Intellectual property activities

The Nabtesco Group has positioned intellectual property as the basis for supporting the sustainable growth and enhancement of business competitiveness of not only Nabtesco but also our customers and partner companies. It has sought to bolster corporate value by developing the Intellectual Property Strategy, which focuses on acquiring and enhancing core value as the source of competitiveness, across the Group.

Analyzing core value and adopting measures to enhance it

The major pillar of the Nabtesco Group's Intellectual Property Strategy is to find and strengthen the technological elements and knowledge that are required to protect our current businesses and profits and achieve further development in the future.

Each business segment has analyzed the core value that generates our competitiveness and has adopted measures to enhance that value for the future. Core value includes tangible and intangible intellectual properties such as technologies and ideas relating to the products, design and manufacturing know-how, business information and relationships with customers. We have identified the value that we have accumulated to date, and classified it into that which needs to be protected as confidential information and that which needs to be protected with patents or other intellectual property rights, etc., to ensure proper management and strategic use.

Intellectual Property Creation as a new criterion for performance evaluation

Since FY2017, we have systematized the Intellectual Property Strategy activities to reinforce our core value by adding Intellectual Property Creation to the criteria for evaluating the performance of the in-house companies and Group companies. Each company is now obliged to develop Intellectual Property Strategy activities as action plans for each fiscal year, as set forth in the Medium-Term Business Plan of each company, and to implement them accordingly.

In the action plans, numerical targets are set to encourage employee inventions and the development of technical concepts, know-how and new business ideas. The degree of achievement in each fiscal year is reported to, and evaluated by, the Companywide Intellectual Property Strategy Council, which consists of the CEO, division managers and company presidents.

Number of notifications on intellectual property creation
Number of notifications on intellectual property creation
  • * Because the fiscal year-end was changed from FY 2015/12, this fiscal year actually contained results for nine months only.

The Intellectual Property Department of Head Office centrally manages the intellectual property information, such as created ideas and know-how, as well as the patent information and technological agreement information of customers and competitors, organizes their indexes into an Intellectual Property Strategy Database and provides them to entities within the Group. The Intellectual Property Enhancement Committee has played a role of a liaison to horizontally introduce intellectual property within the Group for overall growth and to provide opportunities for discussions on the Intellectual Property Strategy to promote uses of intellectual property.

In addition, inventions and inventors that contributed to improvements in corporate value are recognized with the Excellence Invention Award and Nabtesco Brilliant Inventor (NBI) system, to motivate them to accelerate innovative creation.

Protecting the future of business and the products of customers

With these new initiatives, Nabtesco has sought to accelerate the innovative creation by enhancing individual employees’ creativity, to further advance its comprehensive technological power and corporate value. For the Nabtesco Group, having expanded its businesses based on the trust of our customers that are in the top rank in various industries in society, the Intellectual Property Strategy also means a strategy to raise our corporate value by protecting the business and products of our customers now and in the future. In order to realize sustainable growth, the Nabtesco Group’s intellectual property activities will continue to evolve.

Corporate Communications Department, Intellectual Property Department, 1, 2

Intellectual Property Activities to Achieve the Long-Term Vision

Nabtesco has been fostering intellectual property activities in line with the business strategy set for the achievement of the Long-Term Vision. In particular, for the businesses conducted by in-house companies, we have set the Intellectual Property Strategy Road Maps (RM) for each in-house company to enhance our core values (core competence) as the basis for our competitiveness as well as to protect our intellectual properties on a global level. We are steadily conducting activities according to these RMs. Also, we are pursuing more effective technology marketing by researching and through macro-analysis of global patent information to identify our targets for the creation of new businesses and new markets. Moreover, we are protecting the rights related to our brand, which is a core of our corporate reliability, fostering the appropriate use of the brand and eliminating counterfeit products to increase our corporate value.

Nabtesco Group’s Intellectual Property Activitivities
Nabtesco Group’s Intellectual Property Activitivities
Corporate Communications Department, Intellectual Property Department

Intellectual Property Intelligence —Formulation of Strategy to Enhance Competitiveness—

Nabtesco uses the Intellectual Property Intelligence to strengthen our competitiveness measures. Specifically, we analyze the core values of each business segment in terms of business operations and intellectual properties, focusing on how much extend we are able to meet customers’ needs and comparative analysis with peers. We identify the gap between the current core values and the core value to be gained in the future, and formulate measures to enhance or gain the core value, thereby maintaining and increasing our business competitiveness.

The Intellectual Property Enhancement Committee, which is a cross-sectional entity in the company, introduces idea development methods and promotes the technology development policy to enhance the core value of each business division. Furthermore, the committee leads company on M&A opportunities and technological partnerships (technological agreements) and accelerates to acquire intellectual property, secure patent and to promote risk reduction in intellectual property-related risks by fostering legal work on technological issues.

Intellectual Property Intelligence to Enhance Core Value
ntellectual Property Intelligence to Enhance Core Value
Corporate Communications Department, Intellectual Property Department

Creation of New Businesses through Technological Marketing (IP Landscape)

We are globally conducting patent surveys in relation to the equipment and systems in which our products are used. Based on the surveys, we make macro-analyses of the needs of customers and technological trends. We use the analysis results to set our future business policies and foster collaboration with other companies, including searching for new business themes and markets, examining development themes, and finding new business partners.

Technological Marketing Case Study:Identifying Market Needs
Corporate Communications Department, Intellectual Property Department

Overall Picture of Intellectual Property Strategy —Measures to Enhance Our Core Value—

Nabtesco makes use of the results of technology marketing and formulates an intellectual property strategy for each segment by the Intellectual Property Intelligence. We implement the intellectual property strategies in line with the Intellectual Property Strategy Road Map (RM) as an action plan, and the results are evaluated and reviewed through the PDCA cycle.

We have established the Intellectual Property Enhancement Committee, a company-wide intellectual property enhancement organization, to examine and analyze the possibilities of lateral utilization across al l business segments of the core values upheld by each of the segments. Through these strategic activities, we are promoting to create synergies of the core values between the business segments by searching for opportunities to apply or make commercial use of the intellectual properties in the individual markets.

Overall Picture of Intellectual Property Strategy
Overall Picture of Intellectual Property Strategy
Corporate Communications Department, Intellectual Property Department
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Intellectual Property Activities to Achieve the Long-Term Vision

Nabtesco has been fostering intellectual property activities in line with t...

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Intellectual Property Intelligence —Formulation of Strategy to Enhance Competitiveness—

Nabtesco uses the Intellectual Property Intelligence to strengthen our comp...

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Intellectual Property Strategy

Creation of New Businesses through Technological Marketing (IP Landscape)

We are globally conducting patent surveys in relation to the equipment and ...

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Intellectual Property Strategy

Overall Picture of Intellectual Property Strategy —Measures to Enhance Our Core Value—

Nabtesco makes use of the results of technology marketing and formulates an...