Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 241

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 241
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 following the date of exercise of the 
Warrants.
There can be no assurance regarding which, if any, of the alternative tax characterizations and holding periods 
described above would be adopted by the IRS or a court of law. Accordingly, U.S. Holders should consult their tax 
advisors regarding the tax consequences of a cashless exercise of Warrants.
If we redeem the Warrants for cash pursuant to the redemption provisions of the Warrants or if we purchase 
Warrants in an open market transaction, such redemption or purchase will generally be treated as a taxable 
disposition of the applicable Warrants by the U.S. Holder, which will generally be subject to tax as described above 
under “— Taxation of Gains or Losses.”
Information Reporting and Backup Withholding
In general, information reporting will apply to dividends in respect of Ordinary Shares and the proceeds from 
the sale, exchange or other disposition of Ordinary Shares or Warrants that are paid to you within the United States 
(and in certain cases, outside the United States), unless you establish that you are an exempt recipient. A backup 
withholding tax may apply to such payments if you fail to provide a taxpayer identification number and a 
certification that you are not subject to backup withholding or if you fail to report in full dividend and interest 
income.
Backup withholding is not an additional tax and any amounts withheld under the backup withholding rules 
will be allowed as a refund or a credit against your U.S. federal income tax liability provided the required 
information is timely furnished to the IRS.

139

Material Japanese Tax Considerations of Acquiring, Owning or Disposing of Ordinary Shares
Ordinary Shares
The following discussion addresses certain Japanese tax consequences of acquiring, owning or disposing, as 
the case may be, of the Ordinary Shares by Japanese and non-Japanese Holders.
This section is intended as general information only. Prospective holders of Ordinary Shares should consult 
their own tax adviser regarding the Japanese tax consequences of any acquisition, holding or disposal of Ordinary 
Shares.
Non-Japanese Holders
No particular tax consequences are expected to arise in Japan as a result of the acquiring, owning or disposing 
of the Ordinary Shares for a holder that is not a resident of Japan.
Japanese Holders
The following tax consequences are expected to arise in Japan for a holder that is a resident of Japan.
If a shareholder is an individual, dividends paid to the shareholder are taxable in Japan. As the dividends are 
paid by a foreign corporation, deduction for dividend