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26 Toshiba Corporation 130th Anniversary
The components of acquired intangible assets excluding goodwill at March 31, 2005 and 2004 are as follows:
Millions of yen
Gross carrying Accumulated Net carrying
March 31, 2005 amount amortization amount
Other intangible assets subject to amortization:
Software ¥ 92,397 ¥44,374 ¥48,023
Technical license fees 47,371 22,632 24,739
Other 8,652 5,657 2,995
Total ¥148,420 ¥72,663 75,757
Other intangible assets not subject to amortization 3,579
¥79,336
Millions of yen
Gross carrying Accumulated Net carrying
March 31, 2004 amount amortization amount
Other intangible assets subject to amortization:
Software ¥ 82,735 ¥40,070 ¥42,665
Technical license fees 37,398 23,448 13,950
Other 7,789 4,790 2,999
Total ¥127,922 ¥68,308 59,614
Other intangible assets not subject to amortization 3,292
¥62,906
Thousands of U.S. dollars
Gross carrying Accumulated Net carrying
March 31, 2005 amount amortization amount
Other intangible assets subject to amortization:
Software $ 863,523 $414,710 $448,813
Technical license fees 442,720 211,514 231,206
Other 80,860 52,869 27,991
Total $1,387,103 $679,093 708,010
Other intangible assets not subject to amortization 33,448
$741,458
Intangible assets acquired during the year ended March 31, 2005 primarily consisted of technical license fees of
¥19,742 million ($184,505 thousand). The weighted-average amortization period of technical license fees for the year
ended March 31, 2005 was approximately 6.2 years.
The weighted-average amortization periods for other intangible assets were approximately 5.7 years and 5.4 years
for the years ended March 31, 2005 and 2004, respectively. Amortization expenses of other intangible assets subject to
amortization for the years ended March 31, 2005 and 2004 were ¥25,898 million ($242,037 thousand) and ¥23,583
million, respectively. The future amortization expense for each of the next 5 years relating to intangible assets currently
recorded in the consolidated balance sheets at March 31, 2005 is estimated as follows:
Thousands of
Year ending March 31 Millions of yen U.S. dollars
2006 ¥24,456 $228,561
2007 19,011 177,673
2008 12,661 118,327
2009 8,032 75,065
2010 2,627 24,551
Goodwill represents the excess of the purchase price over the fair value of the net assets acquired. The changes in the
carrying amount of goodwill for the years ended March 31, 2005 and 2004 are as follows:
Thousands of
Millions of yen U.S. dollars
Year ended March 31 2005 2004 2005
Balance at beginning of year ¥17,702 ¥13,628 $165,439
Goodwill acquired during the year 2,033 5,265 19,000
Foreign currency translation adjustments 514 (1,191) 4,804
Balance at end of year ¥20,249 ¥17,702 $189,243
As of March 31, 2005, all carrying amount of goodwill was allocated to the Digital Products Segment.