| (1) Please review the contents of the service. |
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The following is the summary of this service.
Please review the service contents
first.
| Objective |
This service provides you with opportunities
to make the most of your
unexploited ideas/works.
For example, if you have
a patent application
for which a substantial
examination has not
been requested yet or a
patent to which you
are going to stop paying
annuities, you can
attempt to reutilize the
patent application
or the patent by transferring
it or granting
a right to use it to the
third party. |
| Objects of the service |
Those ideas/works requiring payment of annual
maintenance fee. In other
words, they are
the ideas/works granted
with a right of patent,
utility model, design,
trademark or new varieties
of plants, or the ideas/works
to which an
application has been filed
for any one of
the above-described rights.
They include,
for example, a patent application
for which
a substantial examination
has not been requested
yet and a trademark to
which you plan to
terminate annuity payment
or renewal. |
| Recycling procedure |
Your idea/work will be posted in the Showroom
to invite investors who
would be interested
in the idea/work. The idea/work
will be labeled
with a special mark impressing
investors
with the value of your
idea/work as an intellectual
property protected by the
law. The mark would
have appeal to investors. |
| Types of the service |
Our idea recycling service is divided into
two types depending on
the posting period. |
| Posting for a limited time |
Posting till the item is sold off |
| An idea/A work will be posted in the Showroom
until a certain time limit,
for example,
until the due date for
annuity payment or
renewal. This service is
low-cost, costing
you only the posting fee. |
An idea/A work will be posted in the Showroom
until the posted idea/work
is sold. You will
need to pay the necessary
annual fees to
maintain the right to the
idea/work until
the idea/work is sold. |
| Merit of the service |
You can put your unused idea/work to practical
use as well as recoup your
investment in
the idea/work. |
|
| (2) You can apply for the idea recycling
service by either one of the
following two
options. |
 |
| (i) By using e-mail |
| Please send us an e-mail attached with the
data containing the following necessary information.
|
|
| (ii) By using application form |
| Please fill out the following application
form and click to send it to us.
|
|
| (3) After confirmation of your application
for the service, your idea/work
will be posted
in the Showroom. |
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Upon receipt of your completed application,
we will send you an e-mail asking for confirmation
of the application. Please fill out the confirmation
sheet and send it back to us by e-mail.
After confirmation, we will post your idea/work
in the Showroom. If no approach came from
investors within a set posting period, we
will charge you the posting fee. After confirmation
of the invoice, please pay the amount claimed
into our bank account.
If we receive any inquiry or offer for contract
from an investor, we will inform you by e-mail
of the detailed information. If you decide
to proceed with a contract negotiation after
reviewing the detailed information, please
let us know the decision by e-mail.@ |
| (4) Contract negotiation will start. |
 |
Upon receipt of your instruction to proceed
with the negotiation, we will start the negotiation
with the investor. We will prepare a contract
based on the requests from you and the investor.
We will then send you and the investor by
e-mail a draft contract together with a confirmation
sheet asking for confirmation of agreement
to the draft contract. Please let us know
by e-mail whether you agree or disagree to
the draft contract.
If both of you and the investor agree to
the draft contract, we will proceed to complete
the contract.
If either one of you or the investor disagrees
to the draft contract, you or the investor
will be asked to amend the contract.
If you terminate the negotiation procedure,
we will send you our invoice for the negotiation
service fee. After confirmation of the invoice,
please pay the amount claimed into our bank
account. |
| (5) Upon receipt of the completed (signed)
original copy of the contract,
we will confirm
the payment of the contract money. |
 |
Informed of your agreement to the contract,
we will send you an e-mail asking for confirmation
of the contract details. After confirmation,
we will then send you the original copy of
the approved contract. As we receive your
signed original copy of the contract, we
will ask the investor to pay the contract
money through a bank transfer. You will be
then asked to confirm with us the payment
of the contract money. |
| (6) Procedures of transferring the right
to the idea/work will be taken. |
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After confirmation of the payment of the
contract money, the procedures of transferring
the right to the idea/work will be taken
by our affiliated team of specialists in
intellectual properties. The right to your
idea/work will be transferred from you to
the investor. This means the conclusion of
the contract. |
| (7) You will receive our invoice for the
service fees. |
| Upon completion of the transfer procedures,
we will send you a copy of the transfer certificate
together with our invoice for the posting
fee and the negotiation fee. After confirmation
of the invoice, please pay the amount claimed
into our bank account. |