We look for research topics pertaining to forthcoming needs of society, find new principles by thorough research and development, and invent technologies that would solve problems (sowing). We concurrently obtain patents for those inventions to protect our intellectual property (cultivation), and receive recognition that our technology and inventions are indeed valuable, when our technology and inventions are used all over the world (fruition), thereby contributing to the industrial development and leading to our profits (harvest). The obtained profits are further invested into other R&D fields to create new technologies (re-sowing).
This IP creation cycle which we are pursuing is an "agricultural" business model.
In contrast, a "hunting" business model is to purchase patents and sue a manufacturer for patent infringement in order to obtain high royalties, without manufacturing or researching. This model merely focuses on making profits and prevents active development and production as well as industrial growth.
With this “agricultural” business model, SEL has been submitting patent applications all over the world, including the US, EU, and various other countries throughout Asia in addition to Japan, with the underlying hope of contributing to technological development.