Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 91

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 91
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 notes included elsewhere in this prospectus. Our audited financial statements are prepared in accordance with IFRS Accounting Standards, and our unaudited condensed consolidated interim financial statements as of and for the three months ended June 30, 2025 are prepared in accordance with IAS 34, which differ in certain significant respects from accounting principles generally accepted (GAAP) in other jurisdictions, including U.S. GAAP and Japanese GAAP. In addition to historical financial information, the following discussion contains forward -looking statements that reflect our plans, estimates, and beliefs that involve risks and uncertainties. Our actual results could differ materially from those discussed in the forward -looking statements as a result of many factors, including those factors in this prospectus set forth in the sections titled “Risk Factors” and “Cautionary Statement Regarding Forward -Looking Statements,” which you should review for a discussion of some of the factors that could cause actual results to differ materially from the results described in or implied by the forward -looking statements contained in the following discussion and analysis and elsewhere in this prospectus. Overview We believe we are a leader in the Japanese cryptocurrency industry for providing a crypto asset marketplace to retail investors. We offer our retail customers a multi -cryptocurrencymarketplace, which we sometimes call our Marketplace platform business, where we, after securing matching or offsetting orders of our customers or otherwise verifying sufficient liquidity, are the seller or buyer against our customers’ executed orders. Our customers may also use our Exchange platform, which is targeted at more experienced cryptocurrency investors, where we do not act as buyer or seller, but only facilitate order books through which the buyer and seller transact directly with each other. We sometimes make purchases on the Exchange platform to support liquidity for our transactions on the Marketplace platform. On both platforms, in the aggregate (excluding purchases we make on the Exchange platform), we had as of June30, 2025, according to the JVCEA, a 23.6% market share in Japan by trading volume. We also had, according to the JVCEA, 18.7% of the market share for retail users by number of verified users in Japan. As of June30, 2025, our number of verified users exceeded 2.3million, with approximately 50.0% of those accounts held by customers under age 40. As of March31, 2025, our number of verified users exceeded 2.3million, with approximately 51.0% of those accounts held by customers