Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 321

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 321
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 is calculated as the acquisition cost of an asset, less its residual value. Property and equipment are depreciated over the estimated useful life of each part of a property item, and depreciation is recognized in profit or loss applying the straight -linemethod. The straight -linemethod is applied because it is considered to most closely reflect the expected pattern of consumption of the future economic benefits embodied in the asset. The estimated useful lives of major property and equipment are as follows: — Leasehold improvements:1 year to 5 years — Equipment and fixtures:2 years to 14 years F-62 COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 3.Material accounting policies (cont.) Leasehold improvements are 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