LICENSING BUSINESS

SUN R&P is a Licensing Agency based in Tokyo, Japan. SUN R&P is the licensing agent for Sony Pictures, MGM, Paramount Pictures, Dream Works Animation, 20th Century Fox and CBS Studios. SUN PROPERTIES is a subsidiary company of SUN R&P, responsible for all outbound licensing activities of the organization. Outbound Licensing refers to the introduction of Japanese properties to countries outside of Japan.

◎BUSINESS MODEL

Shown below is the business model for the Licensing Business of SUN PROPERTIES (SP).
The core elements are Information Provision and Support, Contract Negotiation, Product Development and Approval Management, Merchandising, Promotion and Other Support.
    ◎INFORMATION PROVISION and SUPPORT

      Services Provided by SUN PROPERTIES
    1. Introduce various Japanese animation and character properties to international markets.
    2. Handle licensing programs overall, including contract negotiation, approval process management, promotional support and royalty management.
    3. Support both Japanese licensors and overseas agents/licensees throughout the licensing process with extensive assistance.
    4. Leverage marketing activities developed worldwide through close relationships with licensors and overseas agents/media.

◎ CONTRACT NEGOTIATION

 Procedure Outline
  1. Agent Agreement is established between licensor and SUN PROPERTIES (SP)
  2. Sub-Agent Agreement is reached between local agent and SUN PROPERTIES.
  3. Merchandising Agreement and/or Promotion Agreement is concluded between licensor and licensee through SUN PROPERTIES or through SUN PROPERTIES and SP local agent.
  4. ・Licensee submits Merchandising and/or Promotion Agreement to licensor
     through SUN PROPERTIES or through SUN PROPERTIES and SP local agent.
    ・Licensor confirms terms and conditions.
    ・Licensee concludes agreement with licensor through SUN PROPERTIES or
     through SUN PROPERTIES and SP local agent.
    ・Licensee pays guarantee to licensor through SUN PROPERTIES or through
     SUN PROPERTIES and SP local agent.
◎ PRODUCT DEVELOPMENT and APPROVAL MANAGEMENT
  1. Design approval
  2. Pre-production sample approval
  3. Final sample approval

◎ MERCHANDISING, PROMOTION AND OTHER SUPPORT

 How SUN PROPERTIES will support:
  1. Provide necessary sales data and information regarding past marketing activities.
  2. SUN R&P consigns overall licensing business to SUN PROPERTIES.
  3. Assist in planning licensing programs for respective markets.
 Other Support:
  1. Licensee submits regular Royalty Reports to licensor through SUN PROPERTIES or through SUN PROPERTIES and SP local agent.
  2. Protect licensees’ merchandising rights in their territories by filing property trademarks and controlling possible infringement.
  3. Provide ongoing support to local agents and licensees for their participation in trade shows and exhibitions worldwide.
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