Risk Factors Update Summary
- Implementation of changes to information technology systems may have significant impacts on manufacturing, sales, and finance functions.
- Introduction of weight loss drugs impacted da Vinci surgical system bariatric procedures, affecting revenue.
- Failure to attract and retain key personnel could harm the company's ability to compete.
- Addition of Beijing Surgerii Robotics Company Limited to list of competitor companies poses increased competition risk.
- Changes in labor relationships could materially impact the company's business, financial condition, and operations.
- Implementation of significant limits on hospital charges in certain provinces in China impacted procedures performed.
- Fluctuations in labor availability globally could affect the company's ability to attract and retain qualified personnel.
- Increased demand for materials led to global supply constraints and inflationary pressure in the supply chain.
- Changes in tax laws and effective tax rates may adversely affect the company's financial condition and results of operations.
- New product developments may negatively impact existing product demand and gross profit margins.
- Regulatory changes, such as the EU Medical Devices Regulation, could impact the company's ability to market products in the EU and EEA.
- Reliance on sole/singe-sourced suppliers poses risks of supply disruptions, affecting product demand and revenue.
- Stock price fluctuations may impact the company's financial performance and market perception.
- Cybersecurity risks heightened with increased sophistication of techniques, posing potential unauthorized access threats.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1035267&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.