Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 114

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 114
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 Our fundamental principles are to build and maintain a financial base for the purpose of maintaining soundness and efficiency of operations and achieving sustainable growth. According to these principles, we plan on conducting capital investment, profit distribution, and repayment of any loans based on our operating cash flows through the development and rendering of our crypto asset exchange services. Cash and cash equivalents mainly consist of bank deposits. As of June30, 2025, we had cash and cash equivalents of ¥10,636million. As of June30, 2025, we also had cash segregated as deposits of ¥49,843million and, as of March31, 2025, we had cash segregated as deposits of ¥51,655million. In accordance with Japanese laws and regulations, 100% of the legal tender deposited by customers is protected by trust companies. Therefore, cash deposited by customers is accounted for under different accounts depending on whether it is protected by trust companies or not. Additionally, Coincheck entered into a line of credit with our affiliate, Monex Finance Corporation, with aggregate commitments as of June30, 2025, and March31, 2025 of ¥6,000million and ¥6,000million, respectively. The balance outstanding under this agreement was ¥500million and ¥nil million as of June30, 2025 and March31, 2025, respectively. Coincheck Parent entered into its own commitment line contract of ¥2,304million as a debtor with Monex Finance Corporation in December 2024, for the purpose of stable operating capital. As of June30, 2025, the balance outstanding under this was ¥1,800million and, as of March31, 2025, the balance outstanding under this was ¥751million. In addition, Coincheck entered into a committed credit line for ¥200 million with JSF Trust and Banking Co., Ltd. in June 2021, which was increased to ¥500 million as of March 31, 2025, and has been making short -termborrowings under this agreement several times a year, however, all of the borrowings were repaid within about a week of the making of each respective loan and the credit line was unused as of June30, 2025 and March 31, 2025. We believe our existing cash and cash equivalents, together with our loan arrangements, are sufficient to meet our immediate working capital and capital expenditure needs. We hold crypto assets on our consolidated statements and condensed consolidated interim statements of financial position principally to facilitate