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CANON ANNUAL REPORT 2015
62
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Intangible assets subject to amortization acquired during the year
ended December 31, 2015, including those recorded from busi-
nesses acquired, totaled ¥113,216 million, which primarily consist
of trademarks of ¥42,949 million, software of ¥39,817 million,
and patents and developed technology of ¥18,083 million. The
weighted average amortization periods for intangible assets in
total acquired during the year ended December 31, 2015 are
approximately 9 years. The weighted average amortization peri-
ods for trademarks, software, and patents and developed tech-
nology acquired during the year ended December 31, 2015 are
approximately 15 years, 5 years and 7 years, respectively.
Intangible assets subject to amortization acquired during the
year ended December 31, 2014, including those recorded from
businesses acquired, totaled ¥62,189 million, which primar-
ily consist of software of ¥54,686 million. The weighted aver-
age amortization periods for intangible assets in total acquired
during the year ended December 31, 2014 are approximately
5 years. The weighted average amortization periods for soft-
ware acquired during the year ended December 31, 2014 are
approximately 4 years.
December 31
Millions of yen
2015 2014
Gross carrying
amount
Accumulated
amortization
Gross carrying
amount
Accumulated
amortization
Software ¥ 308,348 ¥ 181,972 ¥ 312,069 ¥ 185,885
Trademarks 49,861 2,952 10,858 6,137
Patents and developed technology 39,685 16,123 22,371 13,845
Customer relationships 17,159 10,173 53,494 46,713
License fees 15,669 5,617 11,765 7,860
Other 17,070 7,690 16,455 7,351
¥ 447,792 ¥ 224,527 ¥ 427,012 ¥ 267,791
Years ended December 31
Millions of yen Office
Imaging
System
Industry and
Others Total
2015: Balance at beginning of year ¥ 145,335 ¥ 21,780 ¥ 44,221 ¥ 211,336
Goodwill acquired during the year 10,373 31,367 228,827 270,567
Translation adjustments and other (13,157) 327 9,870 (2,960)
Balance at end of year ¥ 142,551 ¥ 53,474 ¥ 282,918 ¥ 478,943
Millions of yen Office
Imaging
System
Industry and
Others Total
2014: Balance at beginning of year ¥ 139,412 ¥ 13,877 ¥ 8,351 ¥ 161,640
Goodwill acquired during the year 3,971 7,424 32,736 44,131
Translation adjustments and other 1,952 479 3,134 5,565
Balance at end of year ¥ 145,335 ¥ 21,780 ¥ 44,221 ¥ 211,336
8. GOODWILL AND OTHER INTANGIBLE ASSETS
The components of intangible assets subject to amortization at December 31, 2015 and 2014 were as follows:
Aggregate amortization expense for the years ended
December 31, 2015, 2014 and 2013 was ¥49,568 million,
¥49,741 million and ¥52,015 million, respectively. Estimated
amortization expense for intangible assets currently held for
the next five years ending December 31 is ¥48,094 million
in 2016, ¥38,852 million in 2017, ¥29,155 million in 2018,
¥20,589 million in 2019, and ¥15,736 million in 2020.
Intangible assets not subject to amortization other than
goodwill at December 31, 2015 and 2014 were ¥17,943 mil-
lion and ¥18,067 million, respectively, which primarily consist of
in-process research and development recorded from businesses
acquired.
For management reporting purposes, goodwill is not allo-
cated to the segments. Goodwill has been allocated to its
respective segment for impairment testing.
The changes in the carrying amount of goodwill by segment for the years ended December 31, 2015 and 2014 were as follows: