R&DIntellectual Property
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1. Approach to investing in intellectual property
On the strength of long-standing expertise in vegetable oil and fat research, The Nisshin OilliO Group (the “Group”) continues to promptly provide valuable products and services tailored to customer needs and market trends. We recognize that the intellectual property generated from these activities and investments is a key management resource for the Group. Accordingly, we incorporate intellectual property into our growth strategy and value creation processes to accelerate the creation of shared value.
2. Policy on strategic utilization of intellectual property
The Group’s policy on the strategic utilization of intellectual property is to secure competitive advantages in business operations and ensure freedom in research and development through the acquisition of intellectual property rights and the management of intellectual property risks, thereby promoting both improved profitability and the creation of shared value.
Specifically, we devote energy to the following three points:
- 1 Secure sufficient intellectual property rights and establish and protect brands in an effort to become a global top provider of oils & fats solutions and expand our areas of value creation.
- 2 Conduct analysis that combines intellectual property information with market data, and disseminate and share information internally to support decision-making in business operations and R&D.
- 3 In co-creation activities with other companies, as well as in the expansion of business domains and global operations, proactively acquire and utilize relevant intellectual property rights to contribute to the sustainable growth of the Group.
