10-Kの取得
- 「企業名 SEC」で検索し、「企業名 SEC filings」のページへ移動
- Annual Reportのページへ移動
必ず読むべき項目
- Item1 Business
- Item1A Risk Factors
- Item7 Management’s Discussion and Analysis of Financial Condition and results of Operations
- Item8 Financial Statements and Supplementary Data
Amazonのゴール
Item1A Businessより
We seek to be Earth’s most customer-centric company. We are guided by four principles: customer obsession rather than competitor focus, passion for
invention, commitment to operational excellence, and long-term thinking. In each of our segments, we serve our primary customer sets, consisting of
consumers, sellers, developers, enterprises, content creators, advertisers, and employees.
・地球上でもっとも顧客を大切にすること
・顧客とは消費者、販売者、開発者、企業、コンテンツ制作者、広告主、従業員であること
リスク要因
Item1A Risk Factorsより
全ての内容は読めないので、各項目のタイトルだけを抜粋
Business and Industry Risks
- We Face Intense Competition
- Our Expansion into New Products, Services, Technologies, and Geographic Regions Subjects Us to Additional Risks
- Our International Operations Expose Us to a Number of Risks
- The Variability in Our Retail Business Places Increased Strain on Our Operations
- We Are Impacted by Fraudulent or Unlawful Activities of Sellers
- We Face Risks Related to Adequately Protecting Our Intellectual Property Rights and Being Accused of Infringing Intellectual Property Rights of Third
Parties- We Have Foreign Exchange Risk
Operating Risks
- Our Expansion Places a Significant Strain on our Management, Operational, Financial, and Other Resources
- We Experience Significant Fluctuations in Our Operating Results and Growth Rate
- We Face Risks Related to Successfully Optimizing and Operating Our Fulfillment Network and Data Centers
- We Could Be Harmed by Data Loss or Other Security Breaches
- We Face Risks Related to System Interruption and Lack of Redundancy
- The Loss of Key Senior Management Personnel or the Failure to Hire and Retain Highly Skilled and Other Personnel Could Negatively Af ect Our
Business- Our Supplier Relationships Subject Us to a Number of Risks
- Our Commercial Agreements, Strategic Alliances, and Other Business Relationships Expose Us to Risks
- Our Business Suf ers When We Are Unsuccessful in Making, Integrating, and Maintaining Acquisitions and Investments
- We Face Significant Inventory Risk
- We Are Subject to Payments-Related Risks
- We Have a Rapidly Evolving Business Model and Our Stock Price Is Highly Volatile
Legal and Regulatory Risks
- Government Regulation Is Evolving and Unfavorable Changes Could Harm Our Business
- Claims, Litigation, Government Investigations, and Other Proceedings May Adversely Af ect Our Business and Results of Operations
- We Are Subject to Product Liability Claims When People or Property Are Harmed by the Products We Sell or Manufacture
- We Face Additional Tax Liabilities and Collection Obligations
- We Are Subject to Risks Related to Government Contracts and Related Procurement Regulations
各項目かなりの分量があり、これだけで10ページ近くの内容があります。
全てを順番に読んでいくことはできないので、目的をもって読まないと時間がいくらあっても足りないかと思います。
Item1Aに記載されているリスク要因には大きく分けて以下の3つあり、さらにそれぞれに個別の要因が記載されている。
- 事業・業界上のリスク
- 運用上のリスク
- 法的なリスク
損益計算書
Item8 Financial Statements and Supplementary Dataから損益計算書を探す。
損益計算書はConsolidated Statements Of Operations
単位はタイトル下の(in millions, except per share data)とあるので100万ドル
2022年度10-K
・Net sales(売上高)：5139億ドル
・Cost of Sales(売上原価)：2888億ドル
・Total operating expenses：5017億ドル
・Operating Income(営業利益)：122億ドル
※売上高営業利益率＝122/5139＝2.4%
・Net income(純利益)：272億ドルの損失
※売上高純利益率＝272/5139=-5.2％
Net Incomeは前年度と比べて赤字に転落
赤字が増えていると思われる理由
→Operating Income(営業利益)の減少
→Other income(expense),net(その他の収益(費用))が損失
Total operating expenes：5017億ドル
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