Risk Management

Our consumer products, pharmaceuticals, medical devices and diagnostics play a role in helping millions of people be well and stay well every day. In addition, Johnson & Johnson has been a valuable part of people’s investments for more than 60 years. Because all of our stakeholders depend on us, we understand the importance of identifying and managing our risks.

Johnson & Johnson recognizes and plans for several categories of risks, including internal and external factors:

Internal:

  • Business strategy
  • Quality assurance
  • Supply chain management
  • Operational efficiency
  • Environmental health and safety
  • Reputation
  • Protection of trade secrets and intellectual property
  • Business interruption
  • Challenges inherent in product development

External:

  • General industry conditions and competition
  • Economic conditions such as fluctuations in interest rates and currency exchange rates
  • Technological advances
  • Competition for talent
  • Health care reform and cost containment issues
  • Climate change and related policies

A comprehensive list and description of risks can be found in Exhibit 99 to the Company’s Annual Report on Form 10-K, available at www.sec.gov and www.investor.jnj.com.