SCSK (TSE:9719) Long-Term Capital Lease Obligation : 円33,570 Mil (As of Mar. 2024)

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What is SCSK Long-Term Capital Lease Obligation?

SCSK's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円33,570 Mil.

SCSK's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (円38,034 Mil) to Dec. 2023 (円34,256 Mil) and declined from Dec. 2023 (円34,256 Mil) to Mar. 2024 (円33,570 Mil).

SCSK's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円33,348 Mil) to Mar. 2023 (円35,415 Mil) but then declined from Mar. 2023 (円35,415 Mil) to Mar. 2024 (円33,570 Mil).

SCSK Long-Term Capital Lease Obligation Historical Data

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

SCSK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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21,127.00

31,714.00

33,348.00

35,415.00

33,570.00

SCSK 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															35,415.00	34,792.00	38,034.00	34,256.00	33,570.00

SCSK (TSE:9719) 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.

SCSK Long-Term Capital Lease Obligation Related Terms

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SCSK (TSE:9719) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SCSK Corp (TSE:9719) » Definitions » Long-Term Capital Lease Obligation

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SCSKF:USA QSU:Germany

Address

Toyosu Front, 3-2-20 Toyosu, Koto-ku, Tokyo, JPN, 135-8110

Website

http://www.scsk.jp

SCSK Corp is an information technology-based company in Japan. Its business involves the provision of IT infrastructure and solutions for applications in various markets. The IT Platform segment provides IT infrastructure construction-related services. Industrial Systems is concerned with infrastructure systems, information systems, and enterprise resource planning (ERP) solutions. The Financial Systems segment provides various systems for the bank and non-bank customers. The Business Solutions segment renders customer relationship management and business intelligence.

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