Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 144

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 144
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 and ¥2,558 million net cash provided by financing activities. Additionally, there is a ¥(54) million effect of exchange rate changes on cash. As a result, cash and cash equivalents at the end of the nine months ended December 31, 2024, increased by ¥1,836 million to ¥12,673 million, from ¥10,837 million at the end of the year ended March 31, 2024.

94 Net cash used in operating activities was ¥144 million in the nine months ended December 31, 2024, a change of ¥1,842 million from net cash provided by operating activities of ¥1,643 million in the nine months ended December 31, 2023. This change was due to a decrease in net profit before tax after considering non -cashoperating adjustments of ¥991million. This decrease primarily relates to an increase of professional fees in connection with the closing of the Reverse Recapitalization. Additionally, there was an increase in our Crypto assets held, other financial assets, and other current assets of ¥5,426million. This was partially offset by increases in our crypto asset borrowings and other financial liabilities of ¥4,729 million. Net cash used in investing activities was ¥524 million in the nine months ended December 31, 2024, compared to ¥292 million in the nine months ended December 31, 2023. Net cash used in investing activities mainly consisted of ¥164 million of property and equipment purchases (compared to ¥4million in the prior period), ¥393million of expenditure on internally generated intangible assets (compared to ¥268 million in the prior period). Net cash provided by financing activities was ¥2,558million in the nine months ended December31, 2024, compared to cash used in financing activities of ¥182million in the previous year, which was due primarily to an increase in borrowings from related parties and proceeds from the Reverse Recapitalization. Comparison of the year ended March 31, 2024 with the year ended March 31, 2023 In the year ended March 31, 2024, we had ¥3,902 million net cash provided by operating activities, ¥435 million net cash used in investing activities and ¥327 million net cash used in financing activities. As a result, cash and cash equivalents at the end of the year ended March 31, 2024 increased by ¥3,140 million to ¥10,837 million, from ¥7,697 million at