Tosho Co (TSE:8920) Long-Term Capital Lease Obligation : 円2,698 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Tosho Co Long-Term Capital Lease Obligation?

Tosho Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,698 Mil.

Tosho Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (円2,698 Mil) to Sep. 2023 (円2,772 Mil) but then declined from Sep. 2023 (円2,772 Mil) to Dec. 2023 (円2,698 Mil).

Tosho Co's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (円3,131 Mil) to Mar. 2023 (円2,778 Mil) and declined from Mar. 2023 (円2,778 Mil) to Mar. 2024 (円2,568 Mil).

Tosho Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tosho 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.

Tosho Co Long-Term Capital Lease Obligation Chart

Tosho Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3,206.48

3,493.28

3,131.30

2,778.06

2,567.68

Tosho 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															2,778.06	2,697.96	2,771.77	2,698.25	2,567.68

Tosho Co (TSE:8920) 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.

Tosho Co Long-Term Capital Lease Obligation Related Terms

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

Tosho Co (TSE:8920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tosho Co Ltd (TSE:8920) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

8920:Japan

Address

1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056

Website

http://www.to-sho.net

Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.

Tosho Co (TSE:8920) Headlines

No Headlines