Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 322

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 322
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 assesses whether a contract is or contains a lease at the inception of the contract. The Group 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 Group 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 Group determines the lease term as the sum of the noncancelable period 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 year to 5 years. The Group 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 Group’s incremental borrowing rate. Subsequently, the lease liability is measured F-63 COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 3.Material accounting policies (cont.) by adjusting the carrying amount to reflect interest on the lease liability and/or the lease payment. When reassessing or modifying a lease, the Group 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 Group recognizes the lease payments associated with those leases as an expense on a straight -linebasis over the lease term. (7)Impairment of nonfinancial assets Nonfinancial assets are reviewed for impairment at the end of each reporting period or if there is an indication of impairment and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If any such indication exists, the asset’s recoverable amount is estimated. An impairment loss is recognized in the condensed consolidated interim statements of profit or loss and other comprehensive income if the asset’s carrying amount is greater than its estimated recoverable amount. The recoverable amount is estimated as the higher of the asset’s fair value, less costs to sell