Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 43

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 43
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 reduce or eliminate our ability to distribute applications, give preferential

treatment to competitive products, limit our ability to target or measure the effectiveness of applications, raise prices,

or impose fees or other charges related to the delivery of our application, could adversely affect customer usage of

the Coincheck app.

We are also subject to the standard policies and terms of service of these operating systems, as well as

policies and terms of service of the various application stores that make our application and experiences available to

our developers, creators and customers. These policies and terms of service govern the availability, promotion,

distribution, content and operation generally of applications and experiences on such operating systems and stores.

Each provider of these operating systems and stores has broad discretion to change and interpret its terms of service

and policies with respect to our cryptocurrency exchanges and those changes may be unfavorable to us and our

developers’, creators’ and customers’ use of our cryptocurrency exchanges. If we were to violate, or an operating

system provider or application store believes that we have violated, its terms of service or policies, that operating

system provider or application store could limit or discontinue our access to its operating system or store. In some

cases these requirements might not be clear or our interpretation of the requirements might not align with the

interpretation of the operating system provider or application store, which could lead to inconsistent enforcement of

these terms of service or policies against us, and could also result in the operating system provider or application

store limiting or discontinuing access to its operating system or store. Any limitation or discontinuation of our access

to any third-party platform or application store could adversely affect our business, financial condition or results of

operations.

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Additionally, in order to deliver a high-quality mobile experience for our customers, it is important that our

products and services work well with a range of mobile technologies, products, systems, networks, hardware and

standards that we do not control. We might not be successful in developing products that operate effectively with

these technologies, products, systems, networks or standards. In the event that it is more difficult for our customers

to access and use our app, or if our customers choose not to access or use our app on their mobile devices or use

mobile products that do not offer access to our app, our customer growth, retention and engagement could be

harmed.

We are exposed to credit risks due to our reliance on cryptocurrency exchange brokers, which may cause us to

incur financial or reputational harm.