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Japanese local banks to increase chances to give a loan using IP information

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Recently, alternative lending has been attracting attention in Japan. Alternative lending is a business loan option that falls outside of a traditional bank loan. For example, a Japanese electronic commerce and Internet company Rakuten gives a loan to its online shopping site owners using daily accounting data, and an accounting software company Yayoi also provides […]

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What to expect when JPO improves its machine translation system

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The machine translation system of the Japan Patent Office (JPO) will be upgraded in May 2019. Toshiba Digital Solutions Corporation (TDS), which was split off from Toshiba Corporation in July 2017, won a contract with the JPO for the  development of the system. According to the announcement on July 10 2018, in order to improve […]

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Business method patents steadily increasing in Japan

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On May 16, The Japan Patent Office (JPO) released the updates on business-related inventions which are defined as invention which realizes a business method by using information and communication technology. As previously reported, patent applications of business-related inventions have been on an increasing trend since 2011, and approximately 7,900 patent applications for business-related inventions were […]