Megmilk Snow Brand Co (TSE:2270) Long-Term Capital Lease Obligation : 円3,812 Mil (As of Mar. 2024)

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What is Megmilk Snow Brand Co Long-Term Capital Lease Obligation?

Megmilk Snow Brand Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,812 Mil.

Megmilk Snow Brand Co's quarterly Long-Term Capital Lease Obligation stayed the same from Sep. 2023 (円0 Mil) to Dec. 2023 (円0 Mil) but then increased from Dec. 2023 (円0 Mil) to Mar. 2024 (円3,812 Mil).

Megmilk Snow Brand Co's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円4,051 Mil) to Mar. 2023 (円4,055 Mil) but then declined from Mar. 2023 (円4,055 Mil) to Mar. 2024 (円3,812 Mil).

Megmilk Snow Brand Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Megmilk Snow Brand 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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Megmilk Snow Brand Co Long-Term Capital Lease Obligation Chart

Megmilk Snow Brand Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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5,212.00

4,502.00

4,051.00

4,055.00

3,812.00

Megmilk Snow Brand Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															4,055.00	-	-	-	3,812.00

Megmilk Snow Brand Co (TSE:2270) 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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Megmilk Snow Brand Co (TSE:2270) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Megmilk Snow Brand Co Ltd (TSE:2270) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

2270:Japan

Address

5-1, Yotsuya, Honshio-cho, Shinjuku-ku, Tokyo, JPN, 160-8575

Website

http://www.meg-snow.com

Megmilk Snow Brand Co Ltd is involved in manufacturing and selling cow's milk, milk products and other foods. The company has Dairy products, Beverages and Desserts, Feedstuffs and Seed products and International business domains. Its products include producing and selling of butter, margarine, processed cheese, natural cheese and condensed and skim milk, yogurts etc. The firm also operates in nutrition business, dairy products business and functional ingredients business.

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