Relo Group (TSE:8876) Long-Term Capital Lease Obligation : 円18,521 Mil (As of Mar. 2024)

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What is Relo Group Long-Term Capital Lease Obligation?

Relo Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円18,521 Mil.

Relo Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (円22,356 Mil) to Dec. 2023 (円22,584 Mil) but then declined from Dec. 2023 (円22,584 Mil) to Mar. 2024 (円18,521 Mil).

Relo Group's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円15,287 Mil) to Mar. 2023 (円22,087 Mil) but then declined from Mar. 2023 (円22,087 Mil) to Mar. 2024 (円18,521 Mil).

Relo Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Relo Group'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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Relo Group Long-Term Capital Lease Obligation Chart

Relo Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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17,053.00

15,287.00

22,087.00

18,521.00

Relo Group 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															22,087.00	22,376.00	22,356.00	22,584.00	18,521.00

Relo Group (TSE:8876) 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.

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Relo Group (TSE:8876) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Relo Group Inc (TSE:8876) » Definitions » Long-Term Capital Lease Obligation

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Address

4-3-23, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

http://www.relo.jp

Relo Group Inc is a Japan-based company engaged in providing corporate fringe benefit management outsourcing service. It provides comprehensive support for fringe benefit programs, ranging from housing to leisure and lifestyle improvement. The company manages over 100,000 housing unit's companies rent and provides to their employees, and offers 200,000 kinds of benefits to help employees have fun and improve their well-being. It also operates a rental real estate management business all across Japan. The company operates as an agent that helps to run hotels and attract guests. In addition to hotels, it also provides an insurance consulting business.

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