The Walt Disney Company: 10-K Risk Factor Changes

2023 vs 2022  ·  SEC EDGAR  ·  2026-07-05
Other years: 2025 vs 2024 · 2024 vs 2023
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

1
New Risks
2
Removed
13
Modified
8
Unchanged
🟢 New in Current Filing We face risks related to costs and expenses in connection with the acquisition of NBCU’s equity interest in Hulu and the TFCF acquisition. 🔒
🟡 Modified Regulations applicable to our businesses may impair the profitability of our businesses. 🔒
🔴 No Match in Current Filing The adverse impact of COVID-19 on our businesses will continue for an unknown length of time and may continue to impact certain of our key sources of revenue. 🔒
🟡 Modified A variety of uncontrollable events may disrupt our businesses, reduce demand for or consumption of our products and services, impair our ability to provide our products and services or increase the cost or reduce the profitability of providing our products and services. 🔒
🟡 Modified Environmental, social and governance matters and any related reporting obligations may impact our businesses. 🔒
🔴 No Match in Current Filing The TFCF acquisition and integration and Hulu put/call may result in additional costs and expenses. 🔒
🟡 Modified Various risks may impact the success of our DTC streaming services. 🔒
🟡 Modified Declines in U.S., global, and regional economic conditions generally adversely affect the profitability of our businesses. 🔒
🟡 Modified Our operations are impacted by our ability to attract and retain employees and costs of employee wages and health, welfare and pension benefits, including postretirement medical benefits for some employees and retirees, may reduce our profitability. 🔒
🟡 Modified Labor disputes disrupt our operations and may adversely affect the profitability of one or more of our businesses. 🔒
🟡 Modified Increased competitive pressures impact our revenues and increase our costs. 🔒
🟡 Modified We face risks related to changes in our business strategy or restructuring of our businesses, which have affected and may continue to affect our cost structure, the profitability of our businesses or the value of our assets. 🔒
🟡 Modified Changes in technology, in consumer consumption patterns and in how entertainment products are created affect demand for our entertainment products, the revenue we can generate from these products and the cost of producing or distributing these products. 🔒
🟡 Modified Elevated indebtedness or leverage ratios could adversely affect us, including by decreasing our business flexibility. 🔒
🟡 Modified We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products, which impact demand for our entertainment offerings and products and the profitability of any of our businesses. 🔒
🟡 Modified The seasonality of certain of our businesses and timing of certain of our product offerings could exacerbate negative impacts on our operations. 🔒
16 changes in this historical filing

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