"Wait & See (Risk)" (stylized as Wait & See ~リスク~) is a song recorded by Japanese–American singer Hikaru Utada for her third studio and second Japanese language album, Distance (2000). It was released on April 19, 2000 as the second single from the album in Japan. It was written and composed by Utada, whilst production and arrangement was handled by Utada and American duo Jimmy Jam & Terry Lewis. The single also included the two B-side tracks, "Hayatochiri" and "Fly Me to the Moon (In Other Words)", with the former song appearing on the parent album. Musically, "Wait & See (Risk)" is an R&B song, influenced by dance-pop and rock.