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Nikkiso Co (TSE:6376) Long-Term Capital Lease Obligation : 円17,264 Mil (As of Mar. 2024)


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What is Nikkiso Co Long-Term Capital Lease Obligation?

Nikkiso Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円17,264 Mil.

Nikkiso Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (円14,962 Mil) to Dec. 2023 (円13,601 Mil) but then increased from Dec. 2023 (円13,601 Mil) to Mar. 2024 (円17,264 Mil).

Nikkiso Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (円12,544 Mil) to Dec. 2022 (円12,702 Mil) and increased from Dec. 2022 (円12,702 Mil) to Dec. 2023 (円13,601 Mil).


Nikkiso Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nikkiso 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.

Nikkiso Co Long-Term Capital Lease Obligation Chart

Nikkiso Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,830.00 12,332.00 12,544.00 12,702.00 13,601.00

Nikkiso 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 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 12,505.00 12,631.00 14,962.00 13,601.00 17,264.00

Nikkiso Co  (TSE:6376) 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.

Nikkiso Co Long-Term Capital Lease Obligation Related Terms

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Nikkiso Co (TSE:6376) Business Description

Industry
Traded in Other Exchanges
Address
4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Nikkiso is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a global presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

Nikkiso Co (TSE:6376) Headlines

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