Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 280

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 280
---
 based on the acquisition cost of an asset less its residual value. Amortization of intangible assets is recognized in profit or loss applying the straight -linemethod over the estimated useful life from the time when the asset is available for use. The estimated useful lives of major intangible assets are as follows: — Internally generated intangible assets:3 to 5 years Amortization methods, useful lives, and residual values are reviewed at each reporting date, and adjustments are made when required. The Company considers the useful life of intangible assets to be indefinite only if there is no foreseeable limit to the period over which the intangible assets are expected to generate net cash inflows for the Company based on analysis of all relevant factors. Intangible assets with indefinite useful lives are not amortized and are subject to impairment tests at the same time each year and when there are indications of impairment. (5)Leases The Company assesses whether a contract is or contains a lease at the inception of the contract. The Company recognizes a right -of -useasset and its corresponding lease liability at the lease commencement date. A right -of -useasset is measured at cost at the commencement date. Subsequently, the Company measures a right -of -useasset applying the cost model. A right -of -useasset is measured at cost less any accumulated depreciation and any accumulated impairment losses. The right -of -useasset is depreciated using the straight -linemethod over the estimated useful life of the asset or the relevant lease term, whichever is shorter. The Company determines the lease term as the sum of the non -cancellableperiod and the periods covered by an option to extend (or terminate) the lease term if the lessee is reasonably certain to exercise (or not exercise) the option. The estimated useful lives of right -of -useassets are approximately 1 to 5 years. The Company measures a lease liability at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if such rate cannot be readily determined, the Company’s incremental borrowing rate. Subsequently, the lease liability is measured by adjusting the carrying amount to reflect interest on the lease liability and/or the lease payment. When reassessing or modifying a lease, the Company remeasures the carrying amount of the lease liability and accordingly adjusts the carrying amount of the related right -of -useasset. For short -termleases and leases of low -valueassets, the Company recognizes the