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GLORY (TSE:6457) Long-Term Capital Lease Obligation : 円0 Mil (As of Dec. 2023)


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What is GLORY Long-Term Capital Lease Obligation?

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

GLORY's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円4,409 Mil) to Mar. 2023 (円5,412 Mil) and increased from Mar. 2023 (円5,412 Mil) to Mar. 2024 (円6,476 Mil).


GLORY Long-Term Capital Lease Obligation Historical Data

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

GLORY 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 3,045.00 3,820.00 4,409.00 5,412.00 6,476.00

GLORY 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 5,412.00 - - - 6,476.00

GLORY  (TSE:6457) 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.

GLORY Long-Term Capital Lease Obligation Related Terms

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GLORY (TSE:6457) Business Description

Industry
Traded in Other Exchanges
Address
1-3-1 Shimoteno, Himeji City, Hyogo, JPN, 670-8567
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.

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