Mazda 2007 Annual Report Download - page 59
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Please find page 59 of the 2007 Mazda annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.53
Nonetheless, in the event of a disputed infringement of third-party intellectual property rights by
the Mazda Group, the Mazda Group may be subject to substantial damages claims or be
forced to halt the production and sale of products. This could also adversely affect the Mazda
Group’s business results and financial position.
The Mazda Group’s intellectual property is not subject to complete protection in certain
regions. In the event that third parties use the Group’s intellectual property on an unauthorized
basis to produce similar products, the Group may have to pay substantial expenses for litigation,
or experience a decline in sales due to an inability to offer unique products. This could adversely
affect the Mazda Group’s business results and financial position.
9. Defective Products
While striving to improve the quality of its products to meet the requirements of the market, the
Mazda Group also does its utmost to ensure the safety of its products. However, the Group
cannot guarantee that large-scale product recalls or other issues will not occur due to product
defects arising from unforeseen circumstances. Such events may lead to significant costs or a
loss of trust in the Group, which could adversely affect Mazda’s business results and financial
position.
10. Natural Disasters and Accidents
In addition to measures to protect its manufacturing sites and other important facilities against
fire and earthquakes, the Mazda Group has concluded natural disaster insurance contracts and
taken other steps to minimize the financial risk of such events. However, the ability of the
Mazda Group to supply products may be severely disrupted in the event of a major earthquake,
typhoon or other natural disaster, fire and other accidents, which could adversely affect the
Mazda Group’s business results and financial position.