Ivy Cosmetics Corporation
Notice of Filing a Lawsuit Against Kao Corporation
Filed a lawsuit against Kao Corporation concerning trademark infringement of the "BASIC＋" brand and violation of the Unfair Competition Prevention Act. The claims seek injunctions against the use of the "SOFINA BASIC＋" designation and disposal of products, with a claimed amount of 1,200,000 yen. Potential impact on results will be disclosed depending on future developments.
Key Figures
- Claim amount: 1,200,000 yen
- Relief sought: Injunction against use of trademark display; injunction against manufacture, sale and advertising; disposal
- Defendant: Kao Corporation
AI要約
Key Points of the News
A resolution was adopted to file a lawsuit against Kao Corporation. To protect the company's trademark rights and brand value for its own brand "BASIC＋", a civil lawsuit will be filed at the Tokyo District Court seeking, based on the Trademark Act and the Unfair Competition Prevention Act, injunctive relief to prohibit the display, manufacture, sale and advertising of Kao products, and the disposal of products. The claimed amount, as part of damages, is 1,200,000 yen. Further disclosures will be made as the litigation progresses.
Impact and Outlook
Any impact of this matter on the fiscal results for the fiscal year ending March 31, 2027 will depend on the progress of the litigation. If any matters requiring disclosure arise, they will be announced promptly. The company positions trademark and intellectual property protection as important assets and will take a resolute stance against infringing acts.
Ivy Cosmetics Corporation
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