Risk Sleuth
AYI · 10-K filed 27 Oct 2025 · year to 31 Aug 2025

Acuity

22 named things its latest annual report says its results depend on, each in the company's own words. 13 of them are also named by other companies we've read.

Customers

Electrical distributors and home improvement retailers

earns fromnamed as a risk
While we maintain positive, and in many cases long-term, relationships with these channel partners, the sudden or unplanned loss of a number of these channel partners or a substantial decrease in the volume of purchases from a major channel partner or a group of channel partners could adversely affect our business.Risk factors (Item 1A)

Suppliers

Sole-source suppliers

depends onnamed as a risk
However, there are a limited number of suppliers for certain components and certain purchased finished goods, which on a limited basis, results in sole-source supplier situations.Risk factors (Item 1A)

Also named by AVAV, BA, BDX, HII, IONQ, KMB, LHX, NOC and 6 more

Customs brokers and freight vendors

depends onnamed as a risk
The evolution of our products, the complexity of our supply chain, and our reliance on third-party vendors such as customs brokers and freight vendors, which may not have effective processes and controls to enable us to fully and accurately comply with such requirements, could subject us to liabilities for past, present, or future periods.Risk factors (Item 1A)

Partners and platforms

System integrators

earns from
AIS goes to market primarily through system integrators.Business (Item 1)

Other companies

Mexico labor unions

approximately 48% of our workforcenamed as a risk
Collective bargaining agreements representing approximately 48% of our workforce will expire within one year, primarily due to annual negotiations with unions in Mexico.Risk factors (Item 1A)

Non-residential construction

earns fromnamed as a risk
The volume of non-residential construction activity in commercial, institutional, industrial, and infrastructure projects has a material impact on the demand for our lighting, audio-video, and building management solutions.Business (Item 1)

Also named by FAST, STLD

Places

Mexico

concentrated in · Approximately 55% of our finished productsnamed as a risk
Approximately 55% of our finished products are manufactured in Mexico, a country that periodically experiences heightened civil unrest or may experience trade disputes with the U.S., both of which could cause a disruption of the supply of products to or from these facilities.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AZO, BBY and 83 more

Asia

depends on · 15%
The following table shows the percentage of finished goods manufactured and purchased in fiscal 2025 by significant geographic region.Business (Item 1)

Also named by AAPL, CART, CB, CDW, CHD, CLS, COHR, DELL and 31 more

China

named as a risk
Increased and/or proposed tariffs by the United States have led, and may continue to lead, to the imposition of retaliatory tariffs by China and other countries.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Hazards

Product recall (uninsured)

named as a risk
We may need to recall products if they are improperly designed, manufactured, packaged, or labeled, and we do not maintain insurance for such recall events.Risk factors (Item 1A)

Commodities and inputs

Canadian dollar

exposed to its price · approximately $3.0 millionnamed as a risk
Based on fiscal 2025 performance, a hypothetical depreciation of 10% in the value of the Canadian dollar in relation to the U.S. dollar would negatively impact operating profit by approximately $3.0 million, while a hypothetical 10% appreciation in the value of the Canadian dollar in relation to the U.S. dollar would favorably impact operating profit by approximately $3.7 million.Market risk (Item 7A)

Also named by ABBV, ADBE, AMG, BBY, BWXT, CBRE, CDRE, CDW and 67 more

Mexican peso

exposed to its price · approximately $28.1 millionnamed as a risk
A hypothetical 10% decrease in the value of the Mexican peso in relation to the U.S. dollar would favorably impact operating profit by approximately $23.0 million, while a hypothetical 10% increase in the value of the Mexican peso in relation to the U.S. dollar would negatively impact operating profit by approximately $28.1 million.Market risk (Item 7A)

Also named by AZO, BAX, CCK, CDRE, CP, DCH, EZPW, FCFS and 14 more

Steel

exposed to its pricenamed as a risk
We utilize a variety of raw materials and components in our production process including steel, aluminum, lamps, certain rare earth materials, microchips, light emitting diodes (“LED”), LED drivers, ballasts, wire, electronic components, power supplies, petroleum-based byproducts, natural gas, and copper.Risk factors (Item 1A)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Aluminum

exposed to its pricenamed as a risk
Our production requires raw materials, including certain grades of steel and aluminum, electrical and electronic components, plastics, and other petroleum-based materials and components.Business (Item 1)

Also named by AAON, ACHR, ALSN, BA, BALL, BF/B, BWA, CAG and 59 more

Oil

exposed to its pricenamed as a risk
Furthermore, volatility in certain commodities, such as oil, impacts all suppliers and, therefore, may result in additional price increases from time to time regardless of the number and availability of suppliers.Risk factors (Item 1A)

Also named by BAX, BSM, GM, GRC, J, JBL, JEF, MHK and 6 more

Microchips

depends onnamed as a risk
Supply chain disruptions for certain components, including microchips and electronics, have resulted in higher prices for significant commodities and materials, as well as increased warehousing, freight, and container costs, which have negatively impacted our business.Risk factors (Item 1A)

Regulators

United States Environmental Protection Agency (EPA)

subject tonamed as a risk
The EPA has implemented regulations that require reporting of GHG emissions or that limit emissions of GHGs from certain mobile or stationary sources.Risk factors (Item 1A)

Also named by AAON, AAP, ALSN, AMRC, APA, APD, APG, AROC and 78 more

Ministry of Economy of Mexico

subject to
We operate seven manufacturing facilities in Mexico, some of which are authorized to operate as Maquiladoras under the IMMEX Program, by the Ministry of Economy of Mexico.Business (Item 1)

Laws and programs

California Consumer Privacy Act

subject tonamed as a risk
We are subject to various foreign and domestic federal, state, and local laws and regulations that include but are not limited to, the Clean Air Act and the Toxic Substances Control Act; the Clean Water Act; the Safe Harbor data privacy program between the U.S. and the European Union; the USMCA; regulations from the Occupational Safety and Health Administration agency; the European Union’s General Data Protection Regulation; California’s Consumer Privacy Act and Connected Device Privacy Act; the Civil Rights Act of 1964 and other federal and state labor and employment laws and regulations; the U.S. Foreign Corrupt Practices Act (the “FCPA”); and the U.K. Bribery Act.Risk factors (Item 1A)

Also named by AAP, AIOT, AKAM, ALL, APP, BAC, BBSI, BBW and 69 more

United States-Mexico-Canada Agreement (USMCA)

subject tonamed as a risk
A large portion of our sales are impacted by the USMCA.Risk factors (Item 1A)

Also named by BMI, BWA, CLF, CMI, CP, CW, DCH, DE and 29 more

IMMEX Program (Maquiladora)

subject tonamed as a risk
In addition, if our Mexican facilities cease to qualify for Maquiladora status or if the Mexican government adopts additional adverse changes to the program, including nationalization, our manufacturing costs in Mexico could increase.Risk factors (Item 1A)

U.S. tariffs on steel, copper, and aluminum

subject tonamed as a risk
In addition, the U.S. government has initiated or is considering imposing tariffs on certain foreign goods, including steel, copper, and aluminum.Risk factors (Item 1A)