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Sanyo Shokai (TSE:8011) Long-Term Capital Lease Obligation : 円0 Mil (As of Nov. 2023)


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What is Sanyo Shokai Long-Term Capital Lease Obligation?

Sanyo Shokai's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円0 Mil.

Sanyo Shokai's annual Long-Term Capital Lease Obligation declined from Feb. 2021 (円422 Mil) to Feb. 2022 (円208 Mil) and declined from Feb. 2022 (円208 Mil) to Feb. 2023 (円64 Mil).


Sanyo Shokai Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sanyo Shokai'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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Sanyo Shokai Long-Term Capital Lease Obligation Chart

Sanyo Shokai Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Feb21 Feb22 Feb23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.00 - 422.00 208.00 64.00

Sanyo Shokai Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 64.00 - - -

Sanyo Shokai  (TSE:8011) 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.

Sanyo Shokai Long-Term Capital Lease Obligation Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Traded in Other Exchanges
N/A
Address
6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003
Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

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