Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 116

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 116
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 price of such asset. Under our current policy, we do not monetize any cryptocurrencies granted through airdrops and forks that have not yet been granted to customers. Our future capital requirements will depend on many factors, including market acceptance of crypto assets and blockchain technology, our growth, our ability to attract and retain customers on our cryptocurrency exchanges, the continuing market acceptance of products and services, the introduction of new products and services on our cryptocurrency exchanges, expansion of sales and marketing activities, and overall economic conditions. While we believe we have sufficient liquidity and expect to have funds from operations to support our operations and 74

meet our current business plans, we may be required to seek additional funding to the extent that current and anticipated future sources of liquidity are insufficient to fund our future business activities. We expect to monitor financial conditions and from time to time may opportunistically raise additional funds through the offer and sale of equity securities or debt financing. Any sale of additional equity securities may result in additional dilution to our shareholders. Any additional debt financing would result in debt service obligations and the instruments governing such debt could provide for operating and financing covenants that would restrict our operations. In the event that additional financing is required from outside sources, we may not be able to raise it on terms acceptable to us or at all. If we are unable to raise additional capital or debt financing when desired, our business, operating results, and financial condition could be adversely affected. Cash flows The following tables show our cash flow data for the years ended March 31, 2023, 2024 and 2025:

| (In millions)                                               |     | For the fiscal year ended at March 31, 
 2023                                   |         |   |     | 2024 |        |   |     | 2025 |        |   |
|:------------------------------------------------------------|:----|:---------------------------------------|--------:|:--|:----|:-----|-------:|:--|:----|:-----|-------:|:--|
| Net cash provided by (used in) operating activities         |     | ¥                                      |  (3,803 | ) |     | ¥    |  3,902 |   |     | ¥    | (1,915 | ) |
| Net cash used in investing activities                       |     |                                        |    (749 | ) |     |      |   (435 | ) |     |      |   (903 | ) |
| Net cash provided (used) in financing activities