Lear's biggest risks in the FY2024 10-K
- Risk section is dominated by directed component sourcing dependencies, IT network security incidents, evolving stakeholder sustainability expectations, and new environmental regulations.
The risks most specific to Lear
- Risks Related to Our Business
components and labor, or restrictions on the availability thereof, could adversely affect our financial condition, operating results and cash flows
Our financial performance could suffer if vehicle models using our components lack commercial success or face increased directed component sourcing.
- Risks Related to Our Business
liability and associated consequences we could suffer as a result of such a large-scale event impacting multiple customers could be catastrophic and result in irreparable harm
A security incident on our IT networks could disrupt manufacturing, distribution, and plant operations, causing catastrophic harm.
- Risks Related to Our Business
public health crises, could adversely affect our business, financial condition, operating results and cash flows going forward
Evolving stakeholder expectations regarding climate change and sustainability matters could adversely affect our business.
- Legal and Regulatory Risks
chains. If we fail to comply with these requirements, we could be subject to lost business opportunities and/or future liabilities, which could adversely affect our reputation, business, financial condition, operating results and cash flows
Failure to comply with new or changing federal, state, local, and foreign laws related to sustainability could lead to lost business.
Risk factor headings as read
Headings as the filing states them, in filing order.
Risks Related to Our Business
- 01components and labor, or restrictions on the availability thereof, could adversely affect our financial condition, operating results and cash flows
- 02liability and associated consequences we could suffer as a result of such a large-scale event impacting multiple customers could be catastrophic and result in irreparable harm
- 03public health crises, could adversely affect our business, financial condition, operating results and cash flows going forward
Legal and Regulatory Risks
- 04chains. If we fail to comply with these requirements, we could be subject to lost business opportunities and/or future liabilities, which could adversely affect our reputation, business, financial condition, operating results and cash flows
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.