Johnson Controls International plc: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-05-22
Other years: 2024 vs 2023 · 2023 vs 2022
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Johnson Controls removed three risks from its 2025 10-K related to joint venture investments, Irish tax implications, and defined benefit pension obligations, while introducing no new risk factors. The company substantively modified seven existing risks, including heightened emphasis on operational disruptions from geopolitical events, organizational effectiveness challenges, and data security resource requirements, suggesting management's reassessment of operational and strategic vulnerabilities.

✓ 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.

0
New Risks
3
Removed
7
Modified
30
Unchanged
🔴 No Match in Current Filing

Risks associated with joint venture investments may adversely affect our business and financial results.

This section from the 2024 filing does not have a high-confidence textual match in the 2025 filing. It may have been removed, merged, or substantially reworded.

We have entered into several joint ventures and we may enter into additional joint ventures in the future. Our joint venture partners may at any time have economic, business or legal interests or goals that are inconsistent with our goals or with the goals of the joint venture.…

View 2024 text

We have entered into several joint ventures and we may enter into additional joint ventures in the future. Our joint venture partners may at any time have economic, business or legal interests or goals that are inconsistent with our goals or with the goals of the joint venture. In addition, we may compete against our joint venture partners in certain of our markets. Disagreements with our business partners may impede our ability to maximize the benefits of our partnerships. Our joint venture arrangements may require us, among other matters, to pay certain costs or to make certain capital investments or to seek our joint venture partner’s consent to take certain actions. Our joint venture partners may be unable or unwilling to meet their economic or other obligations under the operative documents, and we may be required to either fulfill those obligations alone to ensure the ongoing success of a joint venture or to dissolve and liquidate a joint venture. Additionally, the financial performance of our joint ventures has resulted in, and in the future could result in, the Company having to record losses or impairments of our investment. These risks could result in a material adverse effect on our business and financial results.

🔴 No Match in Current Filing Dividends received by investors could be subject to Irish income tax. 🔒
🔴 No Match in Current Filing Risks related to our defined benefit retirement plans may adversely impact our results of operations and cash flow. 🔒
🟡 Modified Failure to increase organizational effectiveness through the execution of our operating model and organizational improvements may reduce our profitability or adversely impact our business. 🔒
🟡 Modified A material disruption of our operations due to catastrophic or geopolitical events, particularly at our monitoring and/or manufacturing facilities, could materially and adversely affect our business. 🔒
🟡 Modified Data privacy, identity protection and information security compliance may require significant resources and presents certain risks. 🔒
🟡 Modified Failure to achieve and maintain a high level of product and service quality and on-time delivery could damage our reputation with customers and negatively impact our results. 🔒
🟡 Modified Our business success depends on attracting and retaining qualified personnel. 🔒
🟡 Modified Changes in U.S. or foreign trade policies and other factors beyond our control may adversely impact our business and operating results. 🔒
🟡 Modified Dividends paid by us may be subject to Irish dividend withholding or Irish income tax. 🔒
9 more changes in this filing

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