Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 281

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 281
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 ¥ | 75,300 |     |    ¥ | 83,989 |

____________ (1)Transaction revenue mainly refers to the revenue from sales of crypto assets to customers and cover counterparties. (2)Commission received refers to remittance fees, deposit and withdrawal fees, commissions that received from the issuer and the applicants in the IEO business, commissions that arise from transactions on the Coincheck NFT Marketplace and commissions that arise from transactions on the Exchange platform and others. (3)Other revenue is mainly related to the interest received from financial operations with JSF Trust and Banking Co., Ltd. (2)Contract balance As of March 31 and June 30, 2025, there were no significant contract assets or contract liabilities. For the three months ended June 30, 2024 and 2025, there was no revenue recognized for performance obligations fulfilled (or partially fulfilled) in the past. (3)Transaction price allocated to the remaining performance obligations The Company does not have any contracts in which the projected initial contract period was longer than one year. (4)Assets recognized from the costs to obtain or fulfill contracts with customers The Company does not have any significant costs to obtain or fulfill contracts with customers.

F-59

COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 6.Financial instruments (1)The fair values of financial assets and liabilities are determined as below. Information about the fair value hierarchy is described in Note 6 “Fair value measurement” . (a)Cash and cash equivalents Since cash and cash equivalents mainly consist of bank deposits, the carrying amount approximates their fair value. (b)Cash segregated as deposits Cash segregated as deposits includes cash deposited in trust accounts. The carrying amount approximates its fair value. (c)Customer accounts receivable, Other financial assets, Deposits received, and Other financial liabilities Other financial assets include receivables, guarantee deposits and USD Coin (a stablecoin). The carrying amount of instruments with short -termmaturity approximates their fair value. The fair value of instruments with long -termmaturity is measured using future cash flows discounted by a rate reflecting the counterparty or the Company’s credibility, which is a reasonable approximation of the carrying amount. (d)Warrant liabilities As part of Thunder Bridge’s IPO, Thunder Bridge issued private and public warrants to third -partyinvestors where each whole warrant entitled the holder to purchase