Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 317

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 317
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 to the extent that there is no evidence of impairment. (2)Financial instruments (a)Recognition of financial assets and financial liabilities Transactions of financial assets and financial liabilities are recognized when the Group becomes a party to the contractual provisions of the financial instruments. (b)Classification and measurement of financial assets Financial assets are classified into the following categories on initial recognition: (i)Financial assets measured at amortized cost Financial assets shall be measured at amortized cost if both of the following conditions are met: •The financial assets are held within a business model whose objective is to hold financial assets in order to collect contractual cash flows and •The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. Financial assets measured at amortized cost are initially recognized at its fair value, plus transaction costs directly attributable to the acquisition. Subsequent to the initial recognition, they are measured at amortized cost using the effective interest method. (ii)Financial assets measured at fair value through profit or loss (“ FVTPL”) Financial assets other than financial assets measured at amortized cost are classified as financial assets measured at FVTPL. Financial assets measured at FVTPL are initially recognized at fair value and attributable transaction costs are recognized as profit or loss when incurred. Subsequent to the initial recognition, they are measured at fair value, and gains and losses arising from changes in fair value are recognized as profit or loss. (c)Impairment of financial assets For financial assets measured at amortized cost, an allowance for expected credit losses is recognized. At the end of each reporting period, the Group assesses whether the credit risk on each financial asset has increased significantly since initial recognition. If the credit risk has not increased significantly since initial recognition, the Group recognizes the loss allowance at an F-59 COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 3.Material accounting policies (cont.) amount equal to the 12 -monthexpected credit losses. Meanwhile, if the credit risk has increased significantly since initial recognition, the Group recognizes the loss allowance at an amount equal to the lifetime expected credit losses. There is a rebuttable presumption that the credit risk on a financial asset has increased significantly since initial recognition when contractual payments are more than 30 days past due. Financial assets, all or part of which cannot be collected or are presumed difficult to collect, or financial assets that are