Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 277

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 277
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 (“IASB”). (2)Approval of financial statements The Company’s financial statements were authorized for issuance on July31, 2024 by Chief Financial Officer (“CFO”) Keigo Takegahara. (3)Basis of measurement The financial statements are prepared on a historical cost basis, except for certain assets and liabilities recorded at fair value mainly including crypto assets held (current assets), crypto asset borrowings, safeguard assets, and safeguard liabilities. (4)Functional currency and presentation currency The financial statements are presented in Japanese yen, which is the functional currency of the Company. All amounts have been rounded to the nearest million Japanese yen, unless otherwise indicated. F-9 COINCHECK, INC.
NOTES TO THE FINANCIAL STATEMENTS 2.Basis of preparation of financial statements (cont.) (5)Use of judgements, estimates and assumptions The preparation of financial statements in accordance with IFRS requires management to make certain judgments, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, revenues and expenses, as well as the disclosure of contingent assets and liabilities. Actual results could differ from these estimates. These estimates and underlying assumptions are reviewed on a continuous basis. Changes in these accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected. (a)Significant judgements Information about judgments that are made in the process of applying accounting policies and that have significant effect on the amounts reported in the financial statements is included in the following notes: •Transaction revenue (Note 3 (10) “Revenue”) •Crypto assets held (Note 12 “Crypto assets held”) •Safeguard assets/Safeguard liabilities (Note 13 “Safeguard assets/Safeguard liabilities”) •Crypto asset borrowings due to customers (Note 20 “Crypto asset borrowings”) (b)Significant estimates and assumptions Information about accounting estimates and assumptions that have significant effects on the amounts reported in the financial statements for the years ended March 31, 2022 and March 31, 2023 is as follows: •Recoverability of deferred tax assets (Note 19 “Deferred taxes and income tax expenses (benefits)) 3.Material accounting policies The Company has consistently applied the following accounting policies to all periods presented in these financial statements, except if mentioned otherwise. (1)Financial instruments (a)Recognition of financial assets and financial liabilities Transactions of financial assets and financial liabilities are recognized when the Company becomes a party to the contractual provisions of