Nitto Kohki Co (TSE:6151) Long-Term Capital Lease Obligation : 円1,390 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Nitto Kohki Co Long-Term Capital Lease Obligation?

Nitto Kohki Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,390 Mil.

Nitto Kohki Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (円1,457 Mil) to Sep. 2023 (円1,451 Mil) and declined from Sep. 2023 (円1,451 Mil) to Dec. 2023 (円1,390 Mil).

Nitto Kohki Co's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (円893 Mil) to Mar. 2022 (円1,460 Mil) and increased from Mar. 2022 (円1,460 Mil) to Mar. 2023 (円1,483 Mil).

Nitto Kohki Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nitto Kohki 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.

Nitto Kohki Co Long-Term Capital Lease Obligation Chart

Nitto Kohki 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

845.00

953.00

893.00

1,460.00

1,483.00

Nitto Kohki 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															1,433.00	1,483.00	1,457.00	1,451.00	1,390.00

Nitto Kohki Co (TSE:6151) 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.

Nitto Kohki Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Nitto Kohki Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitto Kohki Co (TSE:6151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kohki Co Ltd (TSE:6151) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-4, Nakaikegami 2-Chome, Ohta-ku, Tokyo, JPN, 146-8555

Website

http://www.nitto-kohki.co.jp

Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.

Nitto Kohki Co (TSE:6151) Headlines

No Headlines