Toyoda Gosei Co., Ltd. (Head Office: Haruhi-cho, Nishikasugai-gun, Aichi-ken, Japan, President: Mr. Takashi Matsuura) and Nichia Corporation (Head Office: Anan-shi, Tokushima-ken, Japan, President: Mr. Eiji Ogawa) have agreed, on technology of III- nitride semiconductors such as blue LED, to respect any and all patent rights etc. which the other party owns and to enter into negotiations in good faith in order to come to an end of any and all disputes and suits in and outside Japan between the parties which lasted for several years..