Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 177

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 5
Chunk 177
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 NFTs.
Total revenue.  Total revenue was ¥224,049 million in the year ended March 31, 2024, an increase of 
¥47,125 million, or 27%, from ¥176,924 million in the year ended March 31, 2023. The increase was due mainly to 
an increase in transaction revenue due to an increase in trading volume on our Marketplace platform.
Cost of sales.  Cost of sales was ¥214,786 million in the year ended March 31, 2024, an increase of 
¥45,182 million, or 27%, from ¥169,604 million in the year ended March 31, 2023. This increase was due mainly to 
an increase in trading volume on our Marketplace platform.

98

Selling, general and administrative expenses.  Selling, general and administrative expenses were ¥6,757 
million in the year ended March 31, 2024, a decrease of ¥1,282 million, or 16%, from ¥8,039 million in the year 
ended March 31, 2023. The decrease was due mainly to a decrease in advertising and promotion expenses and a 
decrease in professional fees.

                                       For the fiscal year ended March 31,
(In millions)                                     2024                2023
Personnel expenses                              ¥2,287              ¥2,020
Advertising and promotion expenses                 661               1,294
Professional fees                                  710               1,262
Communication expenses                             769                 873
Subcontract expenses                               473                 787
Depreciation and amortization                      679                 483
Business management fee                            458                 363
Transaction related costs                          335                 297
Subcontract labor costs                            130                 280
Tax expenses                                       116                  27
Others                                             139                 353
Total                                           ¥6,757              ¥8,039
Operating profit (loss).  Operating profit was ¥2,506 million in the year ended March 31, 2024, an 
increase of ¥3,225 million, or 449%, from an operating loss of ¥719 million in the year ended March 31, 2023. The 
change was due mainly to an increase in total revenue due in part to a slowly recovering cryptocurrency market.
Other income.  Other income was ¥437 million in the year ended March 31, 2024, an increase of ¥392 
million