Company: CNCKW
Filing Date: 2025-11-18
Form Type: 424B3
Source: 0001913847-25-000033
Chunk: 39

Company: Coincheck Group N.V.
Filing Date: 2025-11-18
Form: 424B3
Chunk 39
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 publicly traded company.

Operating profit . Operating profit was ¥516 million for the three months ended September 30, 2025, as compared to an operating profit of ¥23 million for the three months ended September 30, 2024. The primary driver of this increase was an improvement in gross margin, partially offset by higher selling, general, and administrative expenses.

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Other income . Other income was ¥322 million for the three months ended September 30, 2025, an increase of ¥306 million from ¥16 million for the three months ended September 30, 2024. The increase related 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 ¥1 million for the three months ended September 30, 2025, a decrease of ¥2 million, from ¥3 million for the three months ended September 30, 2024.

Financial income . Financial income was ¥116 million for the three months ended September 30, 2025, an increase of ¥116 million, from ¥0 million for the three months ended September 30, 2024. The increase was due mainly to change in fair value of the warrant liability of ¥114 million for the three months ended September 30, 2025.

Financial expenses . Financial expenses were ¥50 million for the three months ended September 30, 2025, an increase of ¥33 million, or 212%, from ¥16 million for the three months ended September 30, 2024. The increase was due mainly to interest expense on borrowings from a related party of ¥35 million for the three months ended September 30, 2025.

Income tax expenses . Income tax expenses were ¥548 million for the three months ended September 30, 2025, an increase of ¥543 million from ¥6 million for the three months ended September 30, 2024. The increase in income tax expenses was due mainly to higher taxable income for the three months ended September 30, 2025.

Comparison of the six months ended September 30, 2025 to the six months ended September 30, 2024

The following table shows selected consolidated statements of profit or loss data for the six months ended September 30, 2025 and 202