Coincheck Group N.V 6-K, filed Feb 12, 2026

Coincheck Group N.V. (CNCK)

6-K 2026-02-12 For: 2025-12-31

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Added on April 09, 2026

About this 6-K

Coincheck Group N.V filed this 6-K on February 12, 2026.

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Exhibit No.						Description
99.1						Press Release issued by Coincheck Group N.V., dated February 12, 202 6


	COINCHECK GROUP N.V.

Date: February 12, 2026	By:	/s/ Gary A. Simanson
		Name:	Gary A. Simanson
		Title:	Chief Executive Officer and President


	Japanese Yen
	For the three months ended
	December 31,		December 31,		September 30,
(in millions)	2025		2024		2025
Revenue:
Revenue	¥	142,574	¥	123,084	¥	132,229
Other revenue	881		20		876
Total revenue	143,455		123,104		133,105

Expenses:
Cost of sales	139,622		118,311		129,219
Selling, general and administrative expenses	3,509		6,429		3,370
Total expenses	143,131		124,740		132,589
Operating profit (loss)	324		(1,636)		516

Other income and expenses:
Other income	309		—		322
Other expenses	(33)		(30)		(1)
Financial income	249		476		116
Financial expenses	(54)		(4)		(50)
Listing expense	—		(13,714)		—
Profit (loss) before income taxes	795		(14,908)		902
Income tax expense	390		537		548
Net profit (loss) for the period attributable to owners of the Company	¥	405	¥	(15,445)	¥	354


	Japanese Yen		United States Dollar*
	For the three months ended		For the three months ended
	December 31,		December 31,
(in millions)	2025		2025
Revenue:
Revenue	¥	142,574	$	909.3
Other revenue	881		5.6
Total revenue	143,455		914.9

Expenses:
Cost of sales	139,622		890.4
Selling, general and administrative expenses	3,509		22.4
Total expenses	143,131		913
Operating profit (loss)	324		2.1

Other income and expenses:
Other income	309		2.0
Other expenses	(33)		(0.2)
Financial income	249		1.6
Financial expenses	(54)		(0.3)
Profit (loss) before income taxes	795		5.1
Income tax expense	390		2.5
Net profit for the period attributable to owners of the Company	¥	405	$	2.6


	Japanese Yen				United States Dollar*
	For the nine months ended				For the nine months ended
	December 31,				December 31,
(in millions)	2025		2024		2025
Revenue:
Revenue	¥	358,356	¥	268,716	$	2,285.4
Other revenue	2,193		35		14.0
Total revenue	360,549		268,751		2,299.4

Expenses:
Cost of sales	350,385		258,818		2,234.6
Selling, general and administrative expenses	10,193		10,902		65.0
Total expenses	360,577		269,720		2,299.6
Operating profit (loss)	(29)		(970)		(0.2)

Other income and expenses:
Other income	499		17		3.2
Other expenses	(35)		(33)		(0.2)
Financial income	143		485		0.9
Financial expenses	(132)		(28)		(0.8)
Listing expense	—		(13,714)		—
Profit (loss) before income taxes	447		(14,242)		2.9
Income tax expense	1,064		750		6.8
Net profit (loss) for the period attributable to owners of the Company	¥	(617)	¥	(14,992)	$	(3.9)


	For the three months ended December 31,
(In millions)	2024		2025
Revenue arising from contracts with customers
Transaction revenue - Retail(1)	¥	122,695	¥	128,877
Transaction revenue - Institutional(2)	—		13,038
Commission received(3)	389		659
Institutional revenue	—		—
Sub-total	123,084		142,574

Other sources
Staking revenue	—		777
Other revenue(4)	20		104
Sub-total	20		881
Total	¥	123,104	¥	143,455


	For the nine months ended December 31,
(In millions)	2024		2025
Revenue arising from contracts with customers
Transaction revenue - Retail(1)	¥	267,479	¥	344,196
Transaction revenue - Institutional(2)	—		13,038
Commission received(3)	1,237		1,122
Institutional revenue	—		—
Sub-total	268,716		358,356

Other sources
Staking revenue	—		1,952
Other revenue(4)	35		241
Sub-total	35		2,193
Total	¥	268,751	¥	360,549


	Japanese Yen				United States Dollar*
	As of December 31,		As of March 31,		As of December 31,
(In millions)	2025		2025		2025
Assets:
Current assets:
Cash and cash equivalents	¥	10,647	¥	8,584	$	67.9
Cash segregated as deposits	55,024		51,655		350.9
Crypto assets held	49,988		44,680		318.8
Customer accounts receivable	1,269		1,086		8.1
Other financial assets	538		62		3.4
Other current assets	1,275		1,035		8.1
Total current assets	118,741		107,102		757.2
Noncurrent assets:
Property and equipment	1,575		1,909		10.0
Intangible assets	6,767		2,529		43.2
Crypto asset held	113		43		0.7
Other financial assets	536		433		3.4
Deferred tax assets	300		337		1.9
Other non-current assets	184		—		1.2
Total non-current assets	9,476		5,251		60.4
Total assets	128,217		112,353		$	817.6
Liabilities and equity
Liabilities:
Current liabilities:
Deposits received	56,480		50,911		$	360.2
Crypto asset borrowings	49,487		44,479		315.6
Other financial liabilities	4,174		2,826		26.6
Income taxes payable	624		799		4.0
Excise tax payable	—		303		0.0
Other current liabilities	594		536		3.8
Total current liabilities	111,359		99,854		710.2
Non-current liabilities:
Other financial liabilities	1,400		901		8.9
Warrant liability	300		410		1.9
Provisions	342		340		2.2
Deferred tax liabilities	564		79		3.6
Total non-current liabilities	2,606		1,730		16.6
Total liabilities	113,966		101,584		726.8
Equity:
Ordinary shares	222		213		1.4


Capital surplus	16,797		13,317		107.1
Share-based payment reserve	851		—		5.4
Treasury shares	(4)		(4)		(0.0)
Retained earnings (accumulated deficit)	(3,387)		(2,770)		(21.6)
Foreign currency translation adjustment	(228)		13		(1.5)
Total equity	14,251		10,769		90.8
Total liabilities and equity	¥	128,217	¥	112,353	$	817.6


Net cash used in investing activities	(524)		(737)

Cash flows from financing activities
Proceeds from short-term loans payable	1,300		1,000
Repayments of short-term loans payable	(1,300)		(1,020)
Proceeds received from non-redemption agreement	202		—
Reverse recapitalization impact	205		—
Proceeds from loan from related party	8,522		17,854
Repayments of loan from related party	(6,081)		(16,265)
Repayments of lease obligations	(290)		(282)
Net cash provided by financing activities	2,559		1,287

Effect of exchange rate change on cash and cash equivalents	(54)		24
Net increase in cash and cash equivalents	1,890		2,040
Cash and cash equivalents at the beginning of period	10,837		8,584
Cash and cash equivalents at the end of period	¥	12,673	¥	10,647


	Japanese Yen
	For the three months ended
	December 31		December 31		September 30
	2025		2024		2025
Reconciliation of EBITDA:
Net profit (loss) for the period	¥	405	¥	(15,445)	¥	355
Add: Income tax expenses	390		537		548
Profit (loss) before income taxes	795		(14,908)		903
Add: Interest expense	53		8		38
Add: Depreciation and amortization	306		149		185
EBITDA	¥	1,153	¥	(14,752)	¥	1,126


	For the nine months ended December 31,
(In millions)	2024		2025

Cash flows from operating activities:
Profit (loss) before income taxes	¥	(14,242)	¥	447
Depreciation and amortization	474		654
Listing expense	13,714		—
Interest expense	—		116
Share-based payments	—		935
Foreign exchange gain	—		(255)
Share of loss of equity-accounted investees, net of tax	—		1
Impairment loss of other assets (non-current assets)	13		—
Change in fair value of other financial assets (non-current assets)	—		15
Net loss on sale or disposal of property and equipment	0		—
Net loss on sale or disposal of intangible assets	23		23
Change in fair value of warrant liability	(462)		(139)
Increase in cash segregated as deposits	(1,392)		(3,369)
Increase in crypto assets held (current assets)	(11,114)		(5,254)
Increase in customer accounts receivable	(332)		(164)
Increase in other financial assets (current assets)	(254)		(170)
Increase in other current assets	(168)		(253)
(Increase) decrease in other financial assets (non-current assets)	155		0
Increase in deposits received	2,644		5,569
Increase in crypto asset borrowings	10,952		4,938
Increase in other financial liabilities	235		26
(Increase) decrease in excise tax payable	12		(303)
Increase in other current liabilities	280		50
Other, net	44		(1)
Cash provided by operating activities	582		2,866
Interest income received	6		4
Interest expenses paid	(12)		(108)
Income taxes paid	(720)		(1,273)
Net cash provided by (used in) operating activities	(144)		1,489

Cash flows from investing activities
Purchase of property and equipment	(164)		(72)
Proceeds from sale of property and equipment	0		—
Expenditure on internally generated intangible assets	(394)		(657)
Proceeds from refund of guarantee deposits	33		1