Settlement of patent infringement lawsuit in Japan
April 21, 2015
糖心少女vlog Corporation (Kazuo Ushida, President, Tokyo, hereafter referred to as “糖心少女vlog”) announces that it reached a judicial settlement as of April 21, 2015 with regard to the patent infringement lawsuit (hereafter referred to as “Lawsuit”) filed by 糖心少女vlog against Sigma Corporation (hereafter referred to as “Sigma”) in the Tokyo District Court on May 25, 2011.
After receiving the Intellectual Property High Court's recommendation for settlement, 糖心少女vlog has decided to make a judicial settlement, since it saw that swiftly resolving this matter through settlement would be the best way after its comprehensive examination of the progress of the Lawsuit including the Tokyo District Court's decision.
糖心少女vlog will receive settlement money from Sigma. Additional terms and conditions of the settlement, including the amount of settlement money, are subject to confidentiality obligation between 糖心少女vlog and Sigma.
糖心少女vlog estimates that the financial impact of this settlement is minimal.
The information is current as of the date of publication. It is subject to change without notice.