v3.25.2
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Movement in Carrying Amount of Goodwill by Business Segment
The table below presents the movement in the carrying amount of goodwill by business segment during the fiscal years ended March 31, 2024 and 2025:
 Retail & Digital Business Group
Global
 Corporate &
 Investment
 Banking
 Business
 Group
Global
 Commercial
 Banking
 Business
 Group
Asset
 Management &
 Investor
 Services
 Business
 Group
Global
 Markets
 Business
 Group
Total
 
(in millions)
Balance at March 31, 2023 (As Adjusted):         
Goodwill(2)
¥— ¥152,236 ¥481,263 ¥253,725 ¥2,300 ¥889,524 
Accumulated impairment losses(1)(2)
— (63,568)(481,263)(47,921)— (592,752)
 — 88,668 — 205,804 2,300 296,772 
Goodwill acquired during the fiscal year(3)
15,884 — 94,320 63,063 — 173,267 
Foreign currency translation adjustments and other— 6,995 2,556 14,168 — 23,719 
Balance at March 31, 2024 (As Adjusted):
Goodwill
15,884 159,231 578,139 330,956 2,300 1,086,510 
Accumulated impairment losses
— (63,568)(481,263)(47,921)— (592,752)
¥15,884 ¥95,663 ¥96,876 ¥283,035 ¥2,300 ¥493,758 
Goodwill acquired during the fiscal year(3)
63,730 — — 149,782 — 213,512 
Impairment loss— — (32,388)(117,701)— (150,089)
Foreign currency translation adjustments and other— (253)(977)2,213 — 983 
Balance at March 31, 2025:
Goodwill
79,614 158,978 577,162 482,951 2,300 1,301,005 
Accumulated impairment losses
— (63,568)(513,651)(165,622)— (742,841)
 ¥79,614 ¥95,410 ¥63,511 ¥317,329 ¥2,300 ¥558,164 
Notes:
(1)Effective April 1, 2018, the MUFG Group reorganized its business groups. Goodwill originally recognized for Retail Banking Business Group, Corporate Banking Business Group, Trust Assets Business Group and Global Business Group other than MUAH and Krungsri was ¥1,900,019 million, which has been fully impaired before April 1, 2017. As these impairment losses recorded in past before the reorganization of the segment and are irrelevant to the annual impairment test under the new segment, the accumulated impaired loss is not allocated to new business segments after the reorganization of business group.
(2)For the balance at March 31, 2023, the Goodwill and Accumulated impairment losses of the Global Corporate & Investment Banking Business Group and Global Commercial Banking Business Group in the above table exclude the goodwill and accumulated impairment losses previously recorded for MUFG Union Bank, which was sold during the fiscal year ended March 31, 2023. See Note 2 for further information.
(3)Goodwill acquired during the fiscal year ended March 31, 2024 and 2025, mainly relate to the acquisitions described in Note 2.
Carrying Amount of Other Intangible Assets by Major Class
The table below presents the gross carrying amount, accumulated amortization and net carrying amount, in total and by major class of other intangible assets at March 31, 2024 and 2025:
 2024
(As Adjusted)
2025
 
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
 
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
 (in millions)
Intangible assets subject to amortization:           
Software¥3,793,187 ¥2,865,294 ¥927,893 ¥4,093,320 ¥3,081,494 ¥1,011,826 
Customer relationships556,183 291,101 265,082 632,016 335,898 296,118 
Core deposit intangibles130,276 86,535 43,741 138,203 102,052 36,151 
Trade names84,758 46,137 38,621 87,183 50,871 36,312 
Other23,353 9,108 14,245 23,702 9,821 13,881 
Total¥4,587,757 ¥3,298,175 1,289,582 ¥4,974,424 ¥3,580,136 1,394,288 
Intangible assets not subject to amortization:
Other8,178 8,227 
Total¥1,297,760 ¥1,402,515 
Estimated Aggregate Amortization Expense for Intangible Assets for Next Five Fiscal Years
The estimated aggregate amortization expense for intangible assets for the next five fiscal years is as follows:
 (in millions)
Fiscal year ending March 31: 
2026¥327,448 
2027275,525 
2028234,273 
2029182,129 
2030133,527