Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 323

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 323
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 depreciated by the straight -linemethod over the term of the lease (including reasonably certain options periods) or the estimated useful life of the improvements, whichever is shorter. Depreciation methods, useful lives, and residual values are reviewed at each reporting date, and adjustments are made when required. (5)Intangible assets (a)Internally generated intangible assets The Group recognizes software development costs as intangible assets if the development costs can be reliably determined, implementation is technologically feasible, there is a high probability for generating future economic benefit, and there are adequate resources to develop and use them. Subsequent to the initial recognition, internally generated intangible assets are measured at the acquisition cost, less accumulated amortization and accumulated impairment losses. (b)Amortization Amortization is based on the acquisition cost of an asset less its residual value. Amortization of intangible assets is recognized in profit or loss applying the straight -linemethod over the estimated useful life from the time when the asset is available for use. The estimated useful lives of major intangible assets are as follows: — Internally generated intangible assets:3 to 5 years Amortization methods, useful lives, and residual values are reviewed at each reporting date, and adjustments are made when required. The Group considers the useful life of intangible assets to be indefinite only if there is no foreseeable limit to the period over which the intangible assets are expected to generate net cash inflows for the Group based on analysis of all relevant factors. Intangible assets with indefinite useful lives are not amortized and are subject to impairment tests at the same time each year and when there are indications of impairment. (6)Leases The Group assesses whether a contract is or contains a lease at the inception of the contract. The Group recognizes a right -of -useasset and its corresponding lease liability at the lease commencement date. A right -of -useasset is measured at cost at the commencement date. Subsequently, the Group measures a right -of -useasset applying the cost model. A right -of -useasset is measured at cost, less any accumulated depreciation and any accumulated impairment losses. The right -of -useasset is depreciated using the straight -linemethod over the estimated useful life of the asset or the relevant lease term, whichever is shorter. The Group determines the lease term as the sum of the noncancelable period and the periods covered by an option to extend (or terminate) the lease term if the lessee is reasonably