New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings have declined by 70% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 70% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Aug 07
First quarter 2027 earnings released: JP¥7.21 loss per share (vs JP¥10.53 loss in 1Q 2026) First quarter 2027 results: JP¥7.21 loss per share (improved from JP¥10.53 loss in 1Q 2026). Revenue: JP¥114.3b (up 36% from 1Q 2026). Net loss: JP¥1.18b (loss narrowed 15% from 1Q 2026). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Capital Markets industry in Germany. Announcement • Jul 24
Coincheck Group N.V. to Report Q1, 2027 Results on Aug 06, 2026 Coincheck Group N.V. announced that they will report Q1, 2027 results on Aug 06, 2026 New Risk • Jul 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Reported Earnings • Jul 02
Full year 2026 earnings released: JP¥11.25 loss per share (vs JP¥115 loss in FY 2025) Full year 2026 results: JP¥11.25 loss per share (improved from JP¥115 loss in FY 2025). Revenue: JP¥480.2b (up 25% from FY 2025). Net loss: JP¥1.83b (loss narrowed 87% from FY 2025). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Capital Markets industry in Germany. Announcement • Jun 12
Coincheck Group N.V. announced that it has received $65.063256 million in funding from KDDI Corporation On June 10, 2026, Coincheck Group N.V. closed the transaction. The company issued 28,536,516 ordinary shares at a price of $2.28 per share, for gross proceeds of $65,063,256.48. The transaction included participation from KDDI Corporation for 14.9% stake. KDDI will receive registration rights for the acquired shares and has the right to nominate one individual for appointment to the Company’s board, as a non-executive director, at company's next Annual General Meeting, which is anticipated to be held in September 2026. Board Change • May 21
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Suzuki Yuri is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 14
Coincheck Group N.V. announced that it expects to receive $65.063256 million in funding from KDDI Corporation Coincheck Group N.V entered into a share subscription agreement with KDDI Corporation for a private placement to issue 28,536,516 ordinary shares at an issue price of $2.28 for the proceeds of $65,063,256.48 on May 12, 2026. Upon completion of the Transaction, KDDI will hold 14.9% of CCG’s outstanding ordinary shares. Transaction is expected to close in June, 2026. Transaction is approved by board of directors. The investor will acquire 14.9% stake in the company. Announcement • Apr 29
Coincheck Group N.V. to Report Q4, 2026 Results on May 12, 2026 Coincheck Group N.V. announced that they will report Q4, 2026 results on May 12, 2026 Announcement • Jan 30
Coincheck Group N.V. to Report Q3, 2026 Results on Feb 12, 2026 Coincheck Group N.V. announced that they will report Q3, 2026 results on Feb 12, 2026 Announcement • Oct 30
Coincheck Group N.V. to Report Q2, 2026 Results on Nov 12, 2025 Coincheck Group N.V. announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Oct 16
Coincheck Group N.V. (NasdaqGM:CNCK) completed the acquisition of Aplo SAS from Axeleo Capital SAS and others. Coincheck Group N.V. (NasdaqGM:CNCK) entered into a stock purchase agreement to acquire Aplo SAS from Axeleo Capital SAS and others on September 2, 2025. Pursuant to the agreement, all issued and outstanding shares of Aplo are to be exchanged for newly issued ordinary shares of Coincheck Group. All four founders Oliver Yates, Arnaud Carrere, Simon Douyer, and Jacques Lolieux are to continue with Aplo after the closing.
Closing of the transaction, subject to certain undertakings and conditions and is expected in October 2025.
Galaxy Digital Partners LLC acted as financial advisor for Aplo SAS. Squair Law acted as legal advisor for Aplo SAS. Yvon Dréano, Alexandre Naudeau, Olivier Lyon Lynch, Frédéric Sardain, Laetitia Ternisien, Gabriel Di Chiara, François-Xavier Simeoni of Jeantet & Associés acted as legal advisor for Coincheck Group N.V. Jaap Barneveld and Henk van Ravenhorst of De Brauw Blackstone Westbroek N.V. acted as legal advisor for Coincheck Group N.V.
Coincheck Group N.V. (NasdaqGM:CNCK) completed the acquisition of Aplo SAS from Axeleo Capital SAS and others on October 14, 2025. At completion, all issued and outstanding shares of Aplo were exchanged for newly issued ordinary shares of Coincheck Group. Announcement • Sep 02
Coincheck Group N.V. (NasdaqGM:CNCK) entered into a stock purchase agreement to acquire Aplo SAS. Coincheck Group N.V. (NasdaqGM:CNCK) entered into a stock purchase agreement to acquire Aplo SAS on September 2, 2025. Pursuant to the agreement, all issued and outstanding shares of Aplo are to be exchanged for newly issued ordinary shares of Coincheck Group. All four founders Oliver Yates, Arnaud Carrere, Simon Douyer, and Jacques Lolieux are to continue with Aplo after the closing.
Closing of the transaction, subject to certain undertakings and conditions and is expected in October 2025.
Galaxy Digital Partners LLC acted as financial advisor for Aplo SAS. Squair Law acted as legal advisor for Aplo SAS. Jeantet & Associés acted as legal advisor for Coincheck Group N.V. De Brauw Blackstone Westbroek N.V. acted as legal advisor for Coincheck Group N.V. Announcement • Aug 23
Coincheck Group N.V., Annual General Meeting, Sep 23, 2025 Coincheck Group N.V., Annual General Meeting, Sep 23, 2025. Location: offices of de brauw blackstone westbroek, burgerweeshuispad 201,1076 gr amsterdam, Netherlands Announcement • Jul 25
Coincheck Group N.V. to Report Q1, 2026 Results on Aug 07, 2025 Coincheck Group N.V. announced that they will report Q1, 2026 results on Aug 07, 2025 Announcement • May 06
Coincheck Group N.V. to Report Q4, 2025 Results on May 13, 2025 Coincheck Group N.V. announced that they will report Q4, 2025 results on May 13, 2025 Announcement • Apr 10
Coincheck Group N.V. (NasdaqGM:CNCK) acquired of Next Finance Tech Co., Ltd. Coincheck Group N.V. (NasdaqGM:CNCK) reached a basic agreement to acquire Next Finance Tech Co., Ltd. on February 10, 2025. The NFT transaction will mark Coincheck Group's first acquisition since its Nasdaq listing and will provide Coincheck Group with an additional team of very talented professionals and aligns with Coincheck Group’s strategy of growing both Coincheck domestically, and Coincheck Group globally. The completion of the acquisition is anticipated by the end of March 2025, contingent upon the negotiation of final terms and conditions, as well as obtaining regulatory approvals.
Coincheck Group N.V. (NasdaqGM:CNCK) completed acquisition of Next Finance Tech Co., Ltd. on April 8, 2025. Announcement • Feb 01
Coincheck Group N.V. to Report Q3, 2025 Results on Feb 12, 2025 Coincheck Group N.V. announced that they will report Q3, 2025 results on Feb 12, 2025 
