The MHI Group respects the valid intellectual property (IP) of others, at the same time the appropriate protection and active use of IP.
To accelerate global development, the MHI Group actively pursues overseas M&A and alliance initiatives and builds bases in other countries. Along with the growth in global M&A activities, the external environment and risk factors related to intellectual property are changing momentarily. Even under these circumstances, when developing our business the MHI Group makes every effort to ensure respecting the IP of others by consideration to others' IP rights at every product stage, from basic planning and design to production. In these ways, the MHI Group strives to prevent international IP difficulties from arising.
The MHI Group maintains close relations between its shared technology framework and individual business domains, developing intellectual property strategies that combine the Group's business and technology strategies. By having the intellectual property division coordinate the intellectual property strategies of each domain, we work to realize intellectual property strategies for the Group as a whole and further enhance corporate value. Specifically, we position the use of intellectual property as the main thrust of our intellectual property activities, pursuing strategic use of intellectual properties tailored to our business portfolio. We are also increasing our number of overseas patent applications as our business grows more global, and we drive the centralization of intellectual property rights to play a key role in augmenting business earnings.
Protecting MHI group brands is important to the group's global expansion, and MHI takes resolute measures against counterfeits of its products and infringement of its intellectual property rights. Through communication with the relevant authorities throughout the world, MHI is striving to eliminate such counterfeits and infringements. We are engaged in various activities such as enforcement measures against sales of infringing products, border control measures, and educational activities to raise awareness of the possible infringements and actions taken against them.