Johnson & Johnson: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-05-22
Other years: 2026 vs 2025 · 2024 vs 2023
⚠ 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 & Johnson removed two Kenvue separation-related risks from its 2025 filing, reflecting the completion of that corporate restructuring. The company substantively modified eight risks, including heightened emphasis on geopolitical and economic volatility affecting international operations, evolving challenges in talent recruitment and retention, and intensified international business risks. No new risk factors were added, while 12 risks remained unchanged from the prior year.

✓ 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
2
Removed
8
Modified
12
Unchanged
🔴 No Match in Current Filing The Company may be unable to achieve some or all of the anticipated strategic and financial benefits following the separation of Kenvue Inc. (Kenvue), including with respect to the Company’s remaining ownership interest. 🔒
🔴 No Match in Current Filing The Separation could result in substantial tax liability. 🔒
🟡 Modified Due to the international nature of the Company's business, geopolitical or economic changes or events, including global tensions and war, could adversely affect our business, results of operations or financial condition. 🔒
🟡 Modified The Company faces a variety of financial, economic, legal, social and political risks associated with conducting business internationally. 🔒
🟡 Modified Our business depends on our ability to recruit and retain talented and highly skilled employees. 🔒
🟡 Modified The Company faces increased challenges to intellectual property rights central to its business. 🔒
🟡 Modified The Company relies on third parties to manufacture and supply certain of our products. Any failure by or loss of a third-party manufacturer or supplier could result in delays and increased costs, which may adversely affect our business. 🔒
🟡 Modified An information security incident, including a cybersecurity breach, could have a negative impact on the Company’s business or reputation. 🔒
🟡 Modified The Company faces significant regulatory scrutiny, which imposes significant compliance costs and exposes the Company to government investigations, legal actions and penalties. 🔒
🟡 Modified A breach of privacy laws or unauthorized access, loss or misuse of personal data could have a negative impact on the Company’s business or reputation. 🔒
10 changes in this historical filing

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