Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 53

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 53
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 us to divert a significant amount of money that could otherwise be used to expand the business and achieve

strategic objectives. Advocacy efforts by shareholders and third parties may also prompt additional changes in

governance and reporting requirements, which could further increase costs.

If we fail to maintain effective internal control over financial reporting, the price of our Ordinary Shares may be

adversely affected.

We are required to establish and maintain appropriate internal control over financial reporting. Failure to

establish those controls, or any failure of those controls once established, could adversely affect our public

disclosures regarding our business, financial condition or results of operations. In addition, management’s

assessment of internal control over financial reporting may identify weaknesses and conditions that need to be

addressed in our internal control over financial reporting, or other matters that may raise concerns for investors. Any

actual or perceived weaknesses and conditions that need to be addressed in our internal control over financial

reporting, or disclosure of management’s assessment of our internal control over financial reporting, may have an

adverse impact on the price of our Ordinary Shares.

Our management is responsible for establishing and maintaining adequate internal control over financial

reporting designed to provide reasonable assurance regarding the reliability of financial reporting and the

preparation of financial statements for external purposes in accordance with IFRS. We are required to comply with

the management certification requirements of the Sarbanes-Oxley Act of 2002 (“ SOX”) in this report, which is our

first annual report filed with the SEC, and we will be required to include management’s annual report on internal

control over financial reporting in our annual reports on Form 20-F, pursuant to Section 404(a) of SOX,

commencing with the report for the year ending March 31, 2026. If we cease to be a non-accelerated filer under

SOX (market value of shares held by non-affiliates, or “public float,” under $75 million), we would then be required

to comply with Section 404(b) of SOX (provide an auditor’s attestation report to management’s annual report on

internal control over financial reporting) in our annual reports on Form 20-F. As a public company, we will be

required to report, among other things, control deficiencies that constitute a “material weakness” or changes in

internal controls that, or that are reasonably likely to, materially affect internal controls over financial reporting. A

“material weakness” is a deficiency