Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 118

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 118
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697 |   |     |      | 10,837 |   |
| Cash and cash equivalents at the end of year                |     | ¥                                      |   7,697 |   |     | ¥    | 10,837 |   |     | ¥    |  8,584 |   |

Comparison of the year ended March 31, 2025 with the year ended March 31, 2024 In the year ended March 31, 2025, we had ¥1,915 million net cash used in operating activities, ¥903 million net cash used in investing activities, and ¥565 million net cash provided by financing activities. As a result, cash and cash equivalents at the end of the year ended March 31, 2025 decreased by ¥2,253 million, to ¥8,584 million, from ¥10,837 million at the end of the fiscal year ended March 31, 2024. Net cash used in operating activities was ¥1,915 million in the year ended March 31, 2025, a change of ¥5,817 million from net cash provided by operating activities of ¥3,902 million in the fiscal year ended March 31, 2024. This change was due to a net loss before tax of ¥13,359 million (compared to a net profit before tax of ¥2,840 million), partially offset by a listing expense of ¥13,714 million, which was non -cashexpense. Additionally, there was a change in fair value of warrant liability of ¥1,435 million and an increase in other current assets of ¥846 million and income tax paid of ¥721 million. Net cash used in investing activities was ¥903 million in the year ended March 31, 2025, compared to ¥435 million in the fiscal year ended March 31, 2024. Net cash used in investing activities mainly consisted of ¥236 million of net cash paid for the acquisition of Next Finance Tech Co., Ltd, in March 2025, and ¥524 million of expenditure on internally generated intangible assets (compared to ¥380 million in the prior period). Net cash provided by financing activities was ¥565 million in the year ended March 31, 2025, compared to cash used in financing activities of ¥327 million in the fiscal year ended March 31, 2024, which was due primarily to ¥621 million of net increase in borrowings from related parties and proceeds from the reverse recapitalization. Comparison