Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 147

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 147
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 depend on many factors, including market acceptance of crypto assets and blockchain technology, our growth, our ability to attract and retain customers on our cryptocurrency exchanges, the continuing market acceptance of products and services, the introduction of new products and services on our cryptocurrency exchanges, expansion of sales and marketing activities, and overall economic conditions. To the extent that current and anticipated future sources of liquidity are insufficient to fund our future business activities and requirements, we may be required to seek additional equity or debt financing. The sale of additional equity would result in additional dilution to our stockholders. The incurrence of debt financing would result in debt service obligations and the instruments governing such debt could provide for operating and financing covenants that would 98

restrict our operations. In the event that additional financing is required from outside sources, there is a possibility we may not be able to raise it on terms acceptable to us or at all. If we are unable to raise additional capital when desired, our business, operating results, and financial condition could be adversely affected. Cash flows The following tables show our cash flow data for the years ended March 31, 2022, 2023 and 2024 and for the six months ended September 30, 2023 and 2024.

|                                                                      |     | For the year ended  
 March 31,           
 2022                |        |   |     | 2023 |         |   |     | 2024 |        |   |     | For the six months ended 
 September 30,            
 2023                     |       |   |     | 2024 |        |   |
|:---------------------------------------------------------------------|:----|:--------------------|-------:|:--|:----|:-----|--------:|:--|:----|:-----|-------:|:--|:----|:-------------------------|------:|:--|:----|:-----|-------:|:--|
|                                                                      |     | -in millions of yen |        |   |     |      |         |   |     |      |        |   |     |                          |       |   |     |      |        |   |
| Net cash provided by (used in) operating activities                  |     | ¥                   |  7,403 |   |     | ¥    |  (3,803 | ) |     | ¥    |  3,902 |   |     | ¥                        |   199 |   |     | ¥    |