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Takamiya Co (TSE:2445) Long-Term Capital Lease Obligation : 円654 Mil (As of Dec. 2023)


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What is Takamiya Co Long-Term Capital Lease Obligation?

Takamiya Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円654 Mil.

Takamiya Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (円627 Mil) to Sep. 2023 (円654 Mil) but then stayed the same from Sep. 2023 (円654 Mil) to Dec. 2023 (円654 Mil).

Takamiya Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (円1,145 Mil) to Mar. 2022 (円905 Mil) and declined from Mar. 2022 (円905 Mil) to Mar. 2023 (円690 Mil).


Takamiya Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Takamiya Co's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Takamiya Co Long-Term Capital Lease Obligation Chart

Takamiya Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 967.70 1,377.25 1,145.00 905.00 690.00

Takamiya Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 754.00 690.00 627.00 654.00 654.00

Takamiya Co  (TSE:2445) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

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Takamiya Co (TSE:2445) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Grand Front Osaka, Tower-B Building, 27th Floor, 3-1, Ofuka-cho, Kita-ku, Osaka, JPN, 530-0011
Takamiya Co Ltd is a Japan based company engaged in the sale and rental of temporary machinery and materials for construction use. It offers clamps, standing bears, power frames, safety walks, freely domes, lift climbers, and tiger dams, as well as V-max, YT lock, and Iq systems.

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