Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 186

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 5
Chunk 186
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 tax of ¥13,359 million (compared to a net profit before tax of ¥2,840 
million), partially offset by a listing expense of ¥13,714 million, which was non-cash expense. Additionally, there 
was a change in fair value of warrant liability of ¥1,435 million and an increase in other current assets of ¥846 
million and income tax paid of ¥721 million. 
Net cash used in investing activities was ¥903 million in the year ended March 31, 2025, compared to ¥435 
million in the fiscal year ended March 31, 2024. Net cash used in investing activities mainly consisted of ¥236 
million of net cash paid for the acquisition of Next Finance Tech Co., Ltd, in March 2025, and ¥524 million of 
expenditure on internally generated intangible assets (compared to ¥380 million in the prior period).
Net cash provided by financing activities was ¥565 million in the year ended March 31, 2025, compared to 
cash used in financing activities of ¥327 million in the fiscal year ended March 31, 2024, which was due primarily to 
¥621 million of net increase in borrowings from related parties and proceeds from the Reverse Recapitalization.
Comparison of the year ended March 31, 2024 with the year ended March 31, 2023
In the year ended March 31, 2024, we had ¥3,902 million net cash provided by operating activities, ¥435 
million net cash used in investing activities and ¥327 million net cash used in financing activities. As a result, cash 
and cash equivalents at the end of the year ended March 31, 2024 increased by ¥3,140 million to ¥10,837 million, 
from ¥7,697 million at the end of the year ended March 31, 2023.
Net cash provided by operating activities was ¥3,902 million in the year ended March 31, 2024, a change of 
¥7,705 million from net cash used in operating activities of ¥3,803 million in the previous year. This change was due 
to a profit before income taxes of ¥2,840 million (compared to a loss before income taxes of ¥846 million in the 
prior period), an increase in deposits received of ¥18,218 million (compared to a decrease of ¥15,287 million in the 
prior period), an increase in crypto asset