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While the Japan Patent Office registered more trademarks last year than it has in almost a decade, new data indicates that it is also taking more time than ever before to decide whether applications should be granted or refused.
Trademark registrations up, designs down as the Japan Patent Office reveals the top registrants for 2016
The Japan Patent Office received its highest number of trademark applications in 10 years during 2016, according to the agency’s latest annual report. Of the top 10 registrants last year, nine were Japanese entities (the exception being South Korea’s LG Electronics).
New commissioner at Japan’s trademark office promises faster prosecution and greater focus on licensing
The Japan Patent Office has a new commissioner, and he has indicated that building an environment conducive to IP licensing and sales in order to exploit the country’s “brand power” will be at the top of the agency’s agenda for the foreseeable future.
The most recent edition of the JPO’s annual Status Report indicates that 2015 was a bumper year for trademark filings in Japan. The JPO received 147,283 applications during the year, representing a year-on-year increase of 18.4%. Trademark registrations themselves, on the other hand, were slightly down, from 99,896 in 2014 to 98,085 in 2015.
Filings expected to plummet as Japanese companies streamline portfolios and focus on utilisation of existing rights
The Japan Patent Office recently published an overview of its 2015 IP activity survey findings. Highlighting trends in trademark strategy among Japanese organisations, the survey suggests that brand owners in the country are becoming increasingly selective when it comes to filing applications and are seeking ways to extract added value from their portfolios. Such a trend could have a direct impact on law firm revenues and strategies.
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