Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 302

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 302
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 31, 2023 and March 31, 2024 were 252 million yen, 275 million yen and 358 million yen, respectively.

F-35

COINCHECK, INC.
NOTES TO THE FINANCIAL STATEMENTS 19.Deferred taxes and income tax expenses (benefits) (1)Deferred taxes

|                                                                        |     |   |     As of 
 March 31, 
      2022 |     | (Millions of yen) |     Recognized 
        through 
 profit or loss |   |     |   |     As of 
 March 31, 
      2023 |
|:-----------------------------------------------------------------------|:----|:--|----------:|:----|:------------------|---------------:|:--|:----|:--|----------:|
| Deferred tax assets:                                                   |     |   |           |     |                   |                |   |     |   |           |
| Safeguard liabilities                                                  |     | ¥ |   131,441 |     | ¥                 |        (43,060 | ) |     | ¥ |    88,381 |
| Tax losses carried forward                                             |     |   |        34 |     |                   |            459 |   |     |   |       493 |
| Accrued enterprise tax                                                 |     |   |        84 |     |                   |            (84 | ) |     |   |         — |
| Accrued bonuses                                                        |     |   |       140 |     |                   |           (140 | ) |     |   |         — |
| Accrued expenses                                                       |     |   |        67 |     |                   |             (9 | ) |     |   |        58 |
| Accrued paid leave                                                     |     |   |        14 |     |                   |              3 |   |     |   |        17 |
| Reversal for valuation gain of crypto assets held (non-current assets) |     |   |        15 |     |                   |             (3 | ) |     |   |        12 |
| Leasehold improvements                                                 |     |   |        57 |     |                   |            (12 | ) |     |   |        45 |
| Asset retirement obligations                                           |     |   |        18 |     |                   |             51 |   |     |   |        69 |
| Impairment loss of crypto