"Wait & See: Risk" (Wait & See: リスク Wait & See: Risuku) is a song by Hikaru Utada, released as her fifth Japanese language single (her sixth overall) on April 19, 2000. "Wait & See: Risk" sold 1,662,000 copies and debuted at #1 on the Oricon charts with 804,570 in its first week. Utada had two versions released: CD and DVD. The CD version included 5 tracks (the most original tracks for a Utada single yet, excluding karaoke tracks) and the DVD version included 2 tracks. In the DVD version of the single, a version of the music video with 5.1 channel audio was available.

This single, like "Addicted to You", was produced and arranged by Jimmy Jam and Terry Lewis for Flyte Tyme Productions. This single reached #1 on Oricon charts and charted for 21 weeks. This single became the #3 single of 2000 in Japan. This single reached #29 on World Charts for single airplay, and reached #18 for sales. The most recent figures (May 26, 2006) show that the singe sold 1,662,060 units in total.

Translated and subtitled by quartet4