Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 248

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 248
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 Company based on analysis of all relevant factors. Intangible assets with indefinite useful lives are not amortized and are subject to impairment tests at the same time each year and when there are indications of impairment. (6) Leases The Company assesses whether a contract is or contains a lease at the inception of the contract. The Company recognizes a right -of-useasset and its corresponding lease liability at the lease commencement date. A right -of-useasset is measured at cost at the commencement date. Subsequently, the Company measures a right -of-useasset applying the cost model. A right -of-useasset is measured at cost, less any accumulated depreciation and any accumulated impairment losses. The right -of-useasset is depreciated using the straight -linemethod over the estimated useful life of the asset or the relevant lease term, whichever is shorter. The Company determines the lease term as the sum of the noncancellable period and the periods covered by an option to extend (or terminate) the lease term if the lessee is reasonably certain to exercise (or not exercise) the option. The estimated useful lives of right -of-useassets are approximately 1year to 5 years. The Company measures a lease liability at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if such rate cannot be readily determined, the Company’s incremental borrowing rate. Subsequently, the lease liability F-16 COINCHECK GROUP N.V. and its subsidiaries
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 3.Material accounting policies (cont.) is measured by adjusting the carrying amount to reflect interest on the lease liability and/or the lease payment. When reassessing or modifying a lease, the Company remeasures the carrying amount of the lease liability and accordingly adjusts the carrying amount of the related right -of-useasset. For short -termleases and leases of low -valueassets, the Company recognizes the lease payments associated with those leases as an expense on a straight -linebasis over the lease term. (7) Impairment of non -financial assets Non -financialassets are reviewed for impairment at the end of each reporting period or if there is an indication of impairment and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If any such indication exists, the asset’s recoverable amount is estimated. An impairment loss is recognized in the consolidated statements of profit or loss and other comprehensive income if the asset’s carrying amount is