Basic approach to intellectual property
Intellectual property is essential for Mitsui Kinzoku Group’s business operations. We respect intellectual property rights and seek to acquire and use them.
The President’s Policy on Intellectual Property sets out the Group’s philosophy as follows: “Based on our recognition of intellectual property as an important management resource, we will aim to maximize corporate value by using intellectual property to fully consolidate our “world-class manufacturing capability.”
Republic of Korea
The organization of our intellectual property (IP) operations consists of the Intellectual Property Department, specialist IP sections in our business units, and the IP staff of each division/group companies.
The IP Department plans the Group’s IP activities, provides support to divisions, centrally manages IP administrative tasks and provides IP training. The specialist IP sections of business units conduct the IP activities of their respective business units while the IP staff of divisions/group companies conduct IP activities in their own divisions respectively.
Proper use of intellectual property rights
When formulating our business strategies and R&D strategies, we first investigate the IP rights of other companies. By acquiring and protecting the IP of new products and new technologies, we obtain advantageous positions in our existing businesses and seek to create new businesses.
We prevent from disputing any IP risks by promptly detecting and dealing with them and we take appropriate action to deal with infringements of our IP rights.
Respect for intellectual property as corporate culture
We aim to instill respect for intellectual property relating to inventions, designs, brands, etc. throughout the company and to establish this as part of our corporate culture. Intellectual Property Department provides beginner, intermediate and advanced training for employees mainly involved in R&D-related jobs to enhance employees’ IP-related skills. It also provides individual training and training on specific themes according to the needs of each division.
Inventions by employees
Mitsui Kinzoku has established and applies rules for handling inventions in accordance with the Patent Act in Japan to encourage inventions by employees. Rather than inventions by employees belonging to the company, inventors receive reasonable benefits for submission of IP after filling and wage of IP after granted.