Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 327

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 327
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 temporary differences arising from the initial recognition of assets and liabilities in transactions (other than business combinations) that affect neither the accounting profit nor the taxable profit (tax loss) and does not give rise to equal taxable and deductible temporary differences and the temporary differences arising from investments in subsidiaries, if the Group can control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not be reversed in the foreseeable future. Deferred tax assets and liabilities are calculated using the tax rate that is expected to be applied at the time when the temporary difference is reversed based on tax laws that are enacted or substantively enacted by the end of the reporting period. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which the deductible differences can be utilized. Deferred tax assets are reassessed at the end of each reporting period and recognized to the extent that it is probable that future taxable profit will allow the deferred tax asset to be recovered. Deferred tax assets and liabilities are set off when the Group has a legally enforceable right to set off deferred tax assets against deferred tax liabilities, and the deferred tax assets and deferred tax liabilities relate to corporate income taxes levied by the same taxation authority on either the same taxable entity or different taxable entity, which intends to settle the deferred tax assets and liabilities on a net basis or to realize the assets and liabilities simultaneously. The majority of the Group’s operations are in Japan. For the three and nine months ended December 31, 2024, the income tax expense differs from the statutory rate of 30.6% primarily because of the listing expense and professional fees related to the Reverse Recapitalization that were recorded on the Group’s books. After backing out those expenses, the pretax income in Japan was 1,673 million yen resulting in income tax expense of 536 million yen for the three months ended December 31, 2024, and the pretax income in Japan was 2,339 million yen resulting in income tax expense of 750 million yen for the nine months ended December 31, 2024. (14) Earnings per share Basic earnings per share are calculated as profit attributable to owners of the Group, divided by the weighted -averagenumber of common shares outstanding during the reporting period. Diluted earnings per share (earnings per share after adjustment for potential shares) are calculated after adjustment for the dilutive effects of all potential common shares. F-67 COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE COND