Sony 2015 Annual Report Download - page 170

Download and view the complete annual report

Please find page 170 of the 2015 Sony annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 232

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232

SONY CORPORATION AND CONSOLIDATED SUBSIDIARIES
In the fiscal year ended March 31, 2015, Sony entered into sale and leaseback transactions regarding certain
machinery and equipment with SFIL. Transactions with total proceeds of 8,391 million yen and terms which
averaged two years, have been accounted for as financings and are included within proceeds from issuance of
long-term debt in the financing activities section of the consolidated statements of cash flows.
In the fiscal year ended March 31, 2016, Sony entered into sale and leaseback transactions regarding certain
machinery and equipment with SFIL. Transactions with total proceeds of 1,856 million yen and terms which
averaged two years, have been accounted for as financings and are included within proceeds from issuance of
long-term debt in the financing activities section of the consolidated statements of cash flows.
9. Goodwill and intangible assets
Intangible assets acquired during the fiscal year ended March 31, 2016 totaled 123,327 million yen, of
which 123,300 million yen is subject to amortization and are comprised of the following:
Intangible assets
acquired during the
fiscal year
Weighted-average
amortization period
Yen in millions Years
Patent rights, know-how and license agreements 29,175 7
Software to be sold, leased or otherwise marketed 18,182 3
Internal-use software 52,067 5
Other 23,876 9
In the fiscal year ended March 31, 2016, additions to internal-use software primarily related to the
capitalization of new software across several business platforms.
Intangible assets subject to amortization are comprised of the following:
Yen in millions
March 31, 2015 March 31, 2016
Gross carrying
amount
Accumulated
amortization
Gross carrying
amount
Accumulated
amortization
Patent rights, know-how and license
agreements 304,686 (190,151) 337,675 (223,738)
Customer relationships 29,401 (6,677) 36,925 (12,531)
Trademarks 31,903 (13,054) 29,825 (12,979)
Software to be sold, leased or otherwise
marketed 114,333 (84,640) 126,743 (94,009)
Internal-use software 451,738 (295,854) 448,109 (297,057)
Music catalogs 225,623 (88,816) 217,056 (91,303)
Artist contracts 32,387 (27,174) 31,923 (28,857)
Television carriage contracts
(broadcasting agreements) 60,036 (11,272) 59,607 (15,563)
Other 68,897 (52,067) 59,218 (47,475)
Total 1,319,004 (769,705) 1,347,081 (823,512)
F-36