Coincheck Group Posts Q3 Profit: Revenue Up 34% To ¥1.28B, EPS ¥0.18

Coincheck Group (TYO: 8273) reported Q3 net profit of ¥180 million, a turnaround from a ¥2.1B loss in Q2. Revenue rose 34% year-over-year to ¥1.28B. The results followed a strategic pivot to focus on core digital wallet services and fee-based transactions, with gross profit margin expanding to 42% from 35% in the prior quarter. Management attributed the improvement to cost optimization and a decline in fraud-related expenses.