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Mitsui O.S.K. Lines (TSE:9104) Long-Term Capital Lease Obligation : 円29,845 Mil (As of Dec. 2023)


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What is Mitsui O.S.K. Lines Long-Term Capital Lease Obligation?

Mitsui O.S.K. Lines's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円29,845 Mil.

Mitsui O.S.K. Lines's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (円17,578 Mil) to Sep. 2023 (円18,304 Mil) and increased from Sep. 2023 (円18,304 Mil) to Dec. 2023 (円29,845 Mil).

Mitsui O.S.K. Lines's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円10,803 Mil) to Mar. 2023 (円17,509 Mil) and increased from Mar. 2023 (円17,509 Mil) to Mar. 2024 (円53,961 Mil).


Mitsui O.S.K. Lines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Long-Term Capital Lease Obligation Chart

Mitsui O.S.K. Lines 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 16,091.00 14,059.00 10,803.00 17,509.00 53,961.00

Mitsui O.S.K. Lines 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 17,509.00 17,578.00 18,304.00 29,845.00 53,961.00

Mitsui O.S.K. Lines  (TSE:9104) 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.

Mitsui O.S.K. Lines Long-Term Capital Lease Obligation Related Terms

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Mitsui O.S.K. Lines (TSE:9104) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (TSE:9104) Headlines

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