Nordson (NDSN) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-10-31, filed 2025-12-17. 26 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

2new since FY2024
2reworded
0removed
22unchanged

Headings mentioning a theme: Tariffs 2 · AI 1 · Cybersecurity 1 · China 0 · Interest rates 1. Compare across the S&P 500.

Risks Related to Economic Conditions

4
  1. Changes in U.S. or international economic conditions, including declines in the industries we serve, could adversely affect the revenue stream and profitability of any of our operations.reworded
  2. Our financial results have been, and could continue to be, significantly impacted by uncertainty in U.S. trade policy, including uncertainty surrounding changes in tariffs, trade agreements or other trade restrictions imposed by the U.S. or other governments.Tariffs
  3. Changes to trade policies, tariffs, and other import/export regulations of the U.S. and other nations may create uncertainty in the global market and have a material adverse effect on our business, financial condition, and results of operations.newTariffs
  4. Significant movements in foreign currency exchange rates or change in monetary policy may harm our financial results.

Read these in Item 1A · See the changes

Risks Related to Our Business and Operations

9
  1. Political conditions in and between the United States and foreign countries in which we operate could adversely affect our business.
  2. Failure to retain our existing senior management team or the inability to attract and retain qualified personnel could hurt our business and inhibit our ability to operate and grow successfully.
  3. The Company may be subject to risks relating to organizational changes.
  4. Increased information technology threats and cybersecurity incidents and threats could pose a risk to our systems, networks, products, solutions and services and those of our business partners.Cybersecurity
  5. We may face particular data protection and privacy risks in connection with the European Union's Global Data Protection Regulation, the California Consumer Privacy Act and other privacy laws and regulations.
  6. A disruption in, shortage of, or price increases for, supply of our components and raw materials may adversely impact our business, financial condition, results of operations and cash flows.
  7. We may be incorporating artificial intelligence technologies into our products, services and processes. These technologies may present business, compliance and reputational risks.newAI
  8. If our intellectual property protection is inadequate, others may be able to use our technologies and tradenames and thereby reduce our ability to compete, which could have a material adverse effect on our business, financial condition and results of operations.
  9. Our products could infringe on the intellectual property of others, which may cause us to engage in costly litigation and, if we are not successful, could cause us to pay substantial damages and prohibit us from selling our products.

Read these in Item 1A · See the changes

Risks Related to the Execution of Our Strategy

4
  1. We continually assess the strategic fit of our existing businesses and may divest or otherwise dispose of businesses that are deemed not to fit with our strategic plan or are not achieving the desired return on investment, and we cannot be certain that our business, operating results and financial condition will not be materially and adversely affected.
  2. If we fail to develop new products or enhance existing products, or our customers do not accept the new or enhanced products we develop, our financial condition, results of operations, cash flows and liquidity could be adversely affected.
  3. Our growth strategy includes acquisitions, and we may not be able to execute on our acquisition strategy or integrate acquisitions successfully.
  4. Any impairment in the value of our intangible assets, including goodwill, would negatively affect our operating results and total capitalization.

Read these in Item 1A · See the changes

Risks Related to Legal, Compliance and Regulatory Matters

5
  1. Changes in United States and international tax laws may have a material adverse effect on our business, financial condition and results of operations.
  2. We may be exposed to liabilities under the Foreign Corrupt Practices Act ("FCPA"), which could have a material adverse effect on our business, reputation, financial condition or results of operations.
  3. The level of returns on pension plan assets, changes in the actuarial assumptions used and management of pension liabilities could adversely affect us.
  4. Our global operations are subject to increasingly complex environmental regulatory requirements, and compliance with evolving environmental regulatory requirements could negatively impact our business, capital expenditures, results of operations, financial condition and competitive position.
  5. Expectations relating to environmental, social and governance considerations expose us to potential liabilities, increased costs, reputational harm and other adverse effects on our business.reworded

Read these in Item 1A · See the changes

Risks Related to Our Capital Structure

2
  1. Our inability to comply with the restrictive covenants included in the agreements governing our debt or to access additional sources of capital could impede our growth or the repayment or refinancing of existing debt.
  2. Changes in interest rates could adversely affect us.Interest rates

Read these in Item 1A · See the changes

General Risk Factors

2
  1. The insurance that we maintain may not fully cover all potential exposures.
  2. Our business, financial condition and results of operations may be adversely affected by natural disasters or other catastrophic events beyond our control.

Read these in Item 1A · See the changes

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.