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Warabeya Nichiyo Holdings Co (TSE:2918) Long-Term Capital Lease Obligation : 円6,956 Mil (As of Nov. 2023)


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What is Warabeya Nichiyo Holdings Co Long-Term Capital Lease Obligation?

Warabeya Nichiyo Holdings Co's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円6,956 Mil.

Warabeya Nichiyo Holdings Co's quarterly Long-Term Capital Lease Obligation increased from May. 2023 (円6,810 Mil) to Aug. 2023 (円6,947 Mil) and increased from Aug. 2023 (円6,947 Mil) to Nov. 2023 (円6,956 Mil).

Warabeya Nichiyo Holdings Co's annual Long-Term Capital Lease Obligation declined from Feb. 2021 (円5,640 Mil) to Feb. 2022 (円4,857 Mil) but then increased from Feb. 2022 (円4,857 Mil) to Feb. 2023 (円6,952 Mil).


Warabeya Nichiyo Holdings Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Warabeya Nichiyo Holdings 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.

* Premium members only.

Warabeya Nichiyo Holdings Co Long-Term Capital Lease Obligation Chart

Warabeya Nichiyo Holdings Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,434.00 6,936.00 5,640.00 4,857.00 6,952.00

Warabeya Nichiyo Holdings Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 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 6,924.00 6,952.00 6,810.00 6,947.00 6,956.00

Warabeya Nichiyo Holdings Co  (TSE:2918) 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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Warabeya Nichiyo Holdings Co (TSE:2918) Business Description

Traded in Other Exchanges
N/A
Address
5-7-10 Ogawahigashi-cho, Kodaira-shi, Tokyo, JPN, 187-8503
Warabeya Nichiyo Holdings Co Ltd is a Japan-based company engaged in manufacturing and sale of ready-made food products. It produces ready-to-eat meals for convenience stores which includes bento meal boxes, onigiri rice balls, and side dishes. The food products offered by the group are bento meal boxes, onigiri rice balls and sushi, chilled bento meal boxes, bread products, side dishes and noodles, and chilled Japanese sweets. The organization has business operations in Japan and in international countries. The segments of the company are Food Products Business, Food Ingredients Business, and Logistics Business. The Food Products business segment includes manufacturing and sales of cooked food and Logistics business segment relates to food delivery.

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