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Universal Entertainment (TSE:6425) Long-Term Capital Lease Obligation : 円59,749 Mil (As of Mar. 2024)


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What is Universal Entertainment Long-Term Capital Lease Obligation?

Universal Entertainment's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円59,749 Mil.

Universal Entertainment's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (円58,214 Mil) to Dec. 2023 (円56,650 Mil) but then increased from Dec. 2023 (円56,650 Mil) to Mar. 2024 (円59,749 Mil).

Universal Entertainment's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (円62,225 Mil) to Dec. 2022 (円57,464 Mil) and declined from Dec. 2022 (円57,464 Mil) to Dec. 2023 (円56,650 Mil).


Universal Entertainment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Universal Entertainment'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.

Universal Entertainment Long-Term Capital Lease Obligation Chart

Universal Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58,791.00 59,209.00 62,225.00 57,464.00 56,650.00

Universal Entertainment 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 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 59,414.00 57,541.00 58,214.00 56,650.00 59,749.00

Universal Entertainment  (TSE:6425) 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.

Universal Entertainment Long-Term Capital Lease Obligation Related Terms

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Universal Entertainment (TSE:6425) Business Description

Traded in Other Exchanges
Address
Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063
Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.

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