Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 321

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 321
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, 2024 and September 30, 2024, respectively.

F-63

COINCHECK, INC.
NOTES TO THE CONDENSED INTERIM FINANCIAL STATEMENTS (UNAUDITED) 12.Commitments and contingencies (cont.) (2)Commitment line borrowings contract The Company had commitment line borrowing contracts as a debtor with Monex Finance Corporation and JSF Trust and Banking Co., Ltd. for the purpose of stable operating capital in the year ended March 31, 2024 and in the six months ended September 30, 2024. The balances of unused portions of the commitment line available are as follows:

|                                           |     | (Millions of yen) |     As of 
 March 31, 
      2024 |     |   |         As of 
 September 30, 
          2024 |
|:------------------------------------------|:----|:------------------|----------:|:----|:--|--------------:|
| Total amount of commitment line borrowing |     | ¥                 |     6,200 |     | ¥ |         6,500 |
| Balance of executed commitment line       |     |                   |         — |     |   |             — |
| Balance of unexecuted commitment line     |     | ¥                 |     6,200 |     | ¥ |         6,500 |

(3)Contingencies In general, litigation has uncertainties, and therefore it is difficult to make a reliable estimate on the financial impact of potential outflows embodying economic benefits. Provisions are not recognized if it is not likely to generate potential outflows embodying economic benefits or if the financial impact cannot be estimated reliably. The possibility of any outflows in settlements regarding the lawsuits in dispute with the Company is remote. The main lawsuits in dispute with the Company are as follows. (Civil lawsuits related to the NEM hacking incident) The Company suspended almost all crypto asset trading immediately after the hacking incident occurred, and paid compensations by cash to the customers in the equivalent amount which was calculated using the average NEM price of the trading suspension period. Nevertheless, some plaintiffs advocated that the Company should compensate them for the opportunity losses arising from price fluctuations during the trading suspension period, and the compensation amount should be calculated using the price at the time of the hacking incident. As of the date of issuance of the condensed interim financial statements, some of plaintiffs’ claims have been dismissed or settled by judgement and/or alternative dispute resolutions but one case is