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Teijin (TSE:3401) Long-Term Capital Lease Obligation : 円0 Mil (As of Dec. 2023)


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What is Teijin Long-Term Capital Lease Obligation?

Teijin's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil.

Teijin's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円12,963 Mil) to Mar. 2023 (円18,933 Mil) but then declined from Mar. 2023 (円18,933 Mil) to Mar. 2024 (円17,527 Mil).


Teijin Long-Term Capital Lease Obligation Historical Data

The historical data trend for Teijin'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.

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Teijin Long-Term Capital Lease Obligation Chart

Teijin Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,764.00 11,275.00 12,963.00 18,933.00 17,527.00

Teijin 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 18,933.00 - - - 17,527.00

Teijin  (TSE:3401) 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.

Teijin Long-Term Capital Lease Obligation Related Terms

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Teijin (TSE:3401) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Teijin Ltd (TSE:3401) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, JPN, 541-8587
Teijin Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The trading and retail segment, which generates more revenue than any other segment, sells fiber materials, which include polyester and rayon. The electronic materials and performance polymer products segment sells plastic resins and films used in copy machines, computer casings, and automotive components, including headlights and door handles. The healthcare segment sells pharmaceuticals to treat bone, joint, respiratory, and cardiovascular diseases. The advanced fibers and composites segment sells polyester fibers used in seat belts, aramid fibers used in bullet-resistant vests, and carbon fibers used in airplanes.

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