Company: CNCKW
Filing Date: 2025-11-18
Form Type: 424B3
Source: 0001913847-25-000033
Chunk: 40

Company: Coincheck Group N.V.
Filing Date: 2025-11-18
Form: 424B3
Chunk 40
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 revenue was ¥1,312 million for the six months ended September 2025, an increase of ¥1,297 million from ¥15 million for the six months ended September 2024. The increase was due mainly to staking reward revenue of ¥1,175 million, an offering that was not launched until the fourth quarter of the fiscal year ended March 31, 2025.

Cost of sales . Cost of sales was ¥210,763 million for the six months ended September 2025, an increase of ¥70,256 million, or 50%, from ¥140,507 million for the six months ended September 2024. This increase was due mainly to an increase in trading activity and staking rewards of ¥778 million credited to customers.

Selling, general, and administrative expenses . Selling, general, and administrative expenses were ¥6,684 million for the six months ended September 2025, an increase of ¥2,211 million, or 49%, from ¥4,473 million for the six months ended September 2024. The increase was due mainly to an increase in share-based compensation expense of ¥619 million and professional fees of ¥296 million relating to acquisition explorations and ¥1,238 million relating to becoming a publicly traded company.

Operating profit (loss) . Operating loss was ¥353 million for the six months ended September 2025, as compared to an operating profit of ¥667 million for the six months ended September 2024. Components contributing to operating loss for the six months ended September 2025 included share-based compensation expense of ¥619 million and professional fees of ¥296 million relating to acquisition explorations and ¥1,238 million relating to becoming a publicly traded company.

Other income . Other income was ¥247 million for the six months ended September 2025, an increase of ¥228 million from ¥18 million for the six months ended September 2024. The increase relates to other income of ¥239 million from the collection of NEM previously stolen from Coincheck's hot wallets; these assets had been seized by the public prosecutor and were returned pursuant to "Japan's Act on the Payment of Compensation for Criminal Damage Using Stolen and Misappropriated Property."

Other expenses . Other expenses were ¥59 million for the six months ended September 2025, an increase of ¥55 million from ¥4 million for the six months ended September 2024. The increase relates primarily to foreign exchange loss.

Financial income . Financial income was ¥4 million for the six months ended September