Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 350

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 350
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 Coincheck’s marketplace platform. The transactions for the three and nine months ended December 31, 2024, were made on terms equivalent to those that prevail in arm’s -lengthtransactions. The Group recognized the corresponding transaction revenue amounting to 1,285 million yen and 4,319 million yen for the three and nine months ended December 31, 2024, respectively. The Group did not recognize transaction revenue for the three or nine months ended December 31, 2023. (*2)Business management service fee represents the considerations for guidance and support on general management and other consulting services provided by Monex, the parent company of Coincheck (prior to the Business Combination). The services include support on registration of cryptocurrency exchange business and negotiation with the Financial Services Agency necessary for continuing registration, assistance in cyber security risk management, and maintaining relationship

F-85

COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 15.Related parties (cont.) with relevant financial institutions. According to the business management service fee agreements, the considerations were calculated based on 5% of Coincheck’s total revenue net of cost of sales (variable fees). This agreement was terminated in November 2024. (*3)Coincheck entered into a line of credit with Monex Finance Corporation, with aggregate commitments as of March 31, 2024, and December 31, 2024 commitments of 6,000 million yen and 6,000 million yen, respectively. No amounts were outstanding under this arrangement as of March 31, 2024 or December 31, 2024, after drawing down and subsequently repaying ¥6,000 million in June of 2024. (*4)Coincheck Parent entered into its own commitment line contract of 2,540 million yen as a debtor with Monex Finance Corporation as of December 31, 2024, for the purpose of operating capital. As of December 31, 2024, the balance outstanding under this was 2,526 million yen. (*5)The derivative transaction is a forward exchange transaction between the USD and the Japanese yen. Realized gain of 8 million yen and 42 million yen recognized in the statement of profit or loss and other comprehensive income is included in the “Transaction amount” of the derivative transaction for the fiscal three and nine months December 31, 2023, respectively. 2 million