Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 134

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 134
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 months ended September 30, 2024, our advertising and promotion expenses were ¥724 million. Our other cost items are relatively fixed in nature, which we believe allow us to target significant operating leverage. We also believe we have been able to create an expense system capable of securing profits even in periods with low trading volume. 88 Selling, general and administrative expenses consist primarily of the following: • Personnel expenses. Personnel expenses consist of the salaries, bonuses and incentives of our employees. • Advertising and promotion expenses.Advertising and promotion expenses primarily include expenses incurred for the advertising of our products on various media, including television, press and internet (including social media and online video -sharingplatforms). • Professional fees.Professional fees consist of advisory fees in relation to the listing of the Company. • Communication expenses. Communication expenses include cloud service expenses such as Amazon Web Services. • Subcontract expenses. Subcontract expenses include outsourcing costs. Selling, general and administrative expenses also include depreciation and amortization, business management service fees, transaction related costs, subcontract labor costs, tax expenses and other expenses. Other Income and Expenses Other income and expenses consist of other income and other expenses. Other income Other income consists primarily of gain on sale of business and gain on sale of crypto assets held for the year ended March 31, 2024, and foreign exchange gain and tax refund for the six months ended September 30, 2024. Other expenses Other expenses primarily consist of lease contract cancellation penalty, loss on sales and disposals of intangible assets, and termination benefits and exchange loss for the year ended March 31, 2024, and disposals of tangible/intangible assets for the six months ended September 30, 2024. Financial Income and Expenses Financial income Financial income consists primarily of derivative gains for the year ended March 31, 2024 and for the six months ended September 30, 2024. Financial expenses Financial expenses consist primarily of impairment losses of other financial assets (non -currentassets) and interest expenses for the year ended March 31, 2024 and for the six months ended September 30, 2024. 89

Historical Results of Operations Comparison of the six months ended September 30, 2023 with the six months ended September 30, 2024 The following table shows selected statements of profit or loss data for the six months ended September 30, 2023 and 2024:

|                                              |     | For the six months ended 
            September 30, |