Company: CNCKW
Filing Date: 2025-11-18
Form Type: 424B3
Source: 0001913847-25-000033
Chunk: 10

Company: Coincheck Group N.V.
Filing Date: 2025-11-18
Form: 424B3
Chunk 10
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      |     137 |
| Sub-total                                     |     |                                        |      15 |     |      |   1,312 |
| Total                                         |     |                                      ¥ | 145,647 |     |    ¥ | 217,094 |

____________

(1) Transaction revenue mainly refers to the revenue from sales of crypto assets to customers and cover counterparties.

(2) Commission received refers to remittance fees, deposit and withdrawal fees, commissions received from the issuer and the applicants in the IEO business, commissions that arise from transactions on the Coincheck NFT Marketplace and commissions that arise from transactions on the Exchange platform and others.

(3) Other revenue is mainly related to the interest received from financial operations with JSF Trust and Banking Co., Ltd.

(2)

#### Contract balance
As of March 31 and September 30, 2025, there were no significant contract assets or contract liabilities.

For the three and six months ended September 30, 2024 and 2025, there was no revenue recognized for performance obligations fulfilled (or partially fulfilled) in the past.

(3) Transaction price allocated to the remaining performance obligations

The Company does not have any contracts in which the projected initial contract period was longer than one year.

(4) Assets recognized from the costs to obtain or fulfill contracts with customers

The Company does not have any significant costs to obtain or fulfill contracts with customers.

#### 6.

#### Financial instruments
(1) The fair values of financial assets and liabilities are determined as below. Information about the fair value hierarchy is described in

#### Note 7 “Fair value measurement”
#### .

(a) Cash and cash equivalents

Since cash and cash equivalents mainly consist of bank deposits, the carrying amount approximates their fair value.

(b) Cash segregated as deposits

Cash segregated as deposits includes cash deposited in trust accounts. The carrying amount approximates its fair value.

12

#### COINCHECK GROUP N.V. and its subsidiaries.
(c) Customer accounts receivable, Other financial assets, Deposits received, and Other financial liabilities

Other financial assets include receivables, guarantee deposits and USD Coin (a stablecoin). The carrying amount of instruments with short-term maturity approximates their fair value. The fair value of instruments with long-term maturity is measured using future cash flows discounted by a rate reflecting the counterparty or the Company’s credibility, which is a reasonable approximation of the carrying amount.

(d) Warrant liabilities

As part of Thunder Bridge’s IPO, Thunder Bridge issued private