Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 249

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 249
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 differences arising from the remeasurement or settlement are recognized in profit or loss. Translation differences on items whose fair value gain or loss is recognized in profit or loss are also recognized in profit or loss. (b)Foreign operations The assets and liabilities of foreign operations are translated using the spot exchange rates at the end of the reporting period, while income and expenses of foreign operations presented in profit or loss and other comprehensive income are translated using the exchange rates at the dates of the transactions or rates that approximate the exchange rates at the dates of the transactions. The exchange differences arising on translation for consolidation are recognized in other comprehensive income. (13) Revenue Revenues that arise from contracts with customers are recognized applying the five -stepapproach of IFRS 15, Revenue from Contracts with Customers, as shown below. Consideration received from customers does not include significant financing components, because the Company receives payments from its customers soon after it fulfills its performance obligations.

| Step 1: |     | Identify the contract with a customer                                         |
| Step 2: |     | Identify the performance obligations in the contract                          |
| Step 3: |     | Determine the transaction price                                               |
| Step 4: |     | Allocate the transaction price to the performance obligations in the contract |
| Step 5: |     | Recognize revenue when (or as) the entity satisfies a performance obligation  |

F-18 COINCHECK GROUP N.V. and its subsidiaries NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 3.Material accounting policies (cont.) Details of revenue and revenue recognition criteria for each of major revenue items recorded in the consolidated statements of profit or loss and other comprehensive income are summarized as follows: (a)Transaction revenue Transaction revenue is mainly derived from sales transactions with the Company’s customers. The Company’s customers include parties who hold accounts and utilize the services provided on the Company’s crypto asset platforms, which include customers on the Marketplace platform, as well as cover counterparties in sale cover transactions on the Company’s and third -partyexchanges. However, users that purchase crypto assets from other users on the Company’s Exchange platform but are not charged a commission do not meet the definition of a customer under IFRS 15. When the Company trades with customers on its Marketplace platform, the Company adds a bid -askspread to the prices of the Company’s cover transactions. The spread is set/revised by the Company in a range of 0.1% to 5.0% for each cryptocurrency based on prevailing market