Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 268

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 268
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 2025, Next Finance fully recognized the deferred tax assets related to the remaining unused tax losses, based on an estimate that it would be probable to generate sufficient future taxable profits to utilize the tax losses according to its future business plan. However, Coincheck Parent and CCG AS do not recognize deferred tax assets for tax losses of ¥3,180 million due to the fact that sufficient future taxable profits are not expected. There is no expiration date for the tax loss carried forward.

F-40

COINCHECK GROUP N.V. and its subsidiaries NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 19.Deferred taxes and income tax expenses (benefits) (cont.) (2)Income tax expense (benefits) Income tax expenses (benefits) consist of the following:

|                                                                         | (In millions) | For the fiscal year ended March 31, | 2023 |   |     |   | 2024 |   |     |   | 2025 |   |
|:------------------------------------------------------------------------|:--------------|:------------------------------------|-----:|:--|:----|:--|-----:|:--|:----|:--|-----:|:--|
| Current tax expenses                                                    |               |                                     |      |   |     |   |      |   |     |   |      |   |
| Reporting period                                                        |               | ¥                                   |   15 |   |     | ¥ |  487 |   |     | ¥ |  976 |   |
| Sub-total                                                               |               |                                     |   15 |   |     |   |  487 |   |     |   |  976 |   |
| Deferred tax expenses (benefits)                                        |               |                                     |      |   |     |   |      |   |     |   |      |   |
| Origination and reversal of temporary differences                       |               |                                     |  188 |   |     |   |  (82 | ) |     |   |   14 |   |
| Origination and reversal of tax losses carried forward                  |               |                                     | (459 | ) |     |   |  468 |   |     |   |   26 |   |
| Increase in tax rate                                                    |               |                                     |    — |   |     |   |    — |   |     |   |  (25 | ) |
| Recognition of previously unrecognized deductible temporary differences |               |                                     |  (31