Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 352

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 352
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 reliably. The possibility of any outflows in settlements regarding the lawsuits in dispute with the Group is remote.

F-86

COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 16.Commitments and contingencies (cont.) In January 2018, Coincheck’s NEM hot wallet was hacked and it lost 526.3 million NEM, or ¥46.6 billion, of customer funds. Although Coincheck compensated customers who were adversely affected by this cybersecurity incident, it was subject to lawsuits relating to the calculation of the compensation provided. Some of these lawsuits have been resolved by judgment or alternative dispute resolution, but as of December 31, 2024 there is one remaining lawsuit demanding approximately ¥5 million. After evaluating the remaining claims and the potential outcomes with external advisors, the Group has determined not to provide a litigation reserve with respect to these remaining claims. The Group has subsequently invested in strengthening its cybersecurity and has become subject to operating procedures, including regulations for the custody of customer crypto assets, subsequently implemented by the JVCEA. 17.Supplemental cash flow information (1)Reconciliation of liabilities arising from financing activities The changes in liabilities to cash flows arising from financing activities are as follows: As of and for the nine months ended December 31, 2023

| As of March 31, 2023                    |     | (Millions of yen) 
 Loans             
 ¥                 |      — |   |     | Lease liabilities 
 ¥                 |   350 |   |     | Total 
 ¥     |    350 |   |
|:----------------------------------------|:----|:------------------|-------:|:--|:----|:------------------|------:|:--|:----|:------|-------:|:--|
| Proceeds from short-term loans          |     |                   |  1,000 |   |     |                   |     — |   |     |       |  1,000 |   |
| Repayments of short-term loans          |     |                   | (1,000 | ) |     |                   |     — |   |     |       | (1,000 | ) |
| Repayments of lease obligations         |     |                   |      — |   |     |                   |  (182 | ) |     |       |   (182 | ) |
| Total changes from financing