Quest Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Net Income	1,088	1,112	1,056	1,033	636.23	342.39
Depreciation & Amortization	178	160	171	173	22.93	25.49
Loss (Gain) From Sale of Assets	-	-	2	-	-	-
Loss (Gain) From Sale of Investments	-1	-	5	-	4.05	273.6
Loss (Gain) on Equity Investments	-	-	-10	-9	-	-
Stock-Based Compensation	-	-	-	-	9.16	6.11
Other Operating Activities	-280	-333	-343	-320	132.29	-197.45
Change in Accounts Receivable	-728	-235	-191	-170	-234.29	97.19
Change in Inventory	-22	-	-	28	-39.88	4.75
Change in Accounts Payable	110	81	-43	28	57.07	7.86
Change in Other Net Operating Assets	-141	-195	62	-104	65.55	74.92
Operating Cash Flow	204	590	709	659	653.11	634.84
Operating Cash Flow Growth	-77.31%	-16.78%	7.59%	0.90%	2.88%	-
Capital Expenditures	-5	-2	-209	-12	-7.28	-13.63
Sale of Property, Plant & Equipment	12	-	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-5	-2	-	-10.82
Investment in Securities	104	90	111	-	-100	-
Other Investing Activities	32	3	100	-138	-3.27	-0.04
Investing Cash Flow	-8	91	-2	-150	-108.15	-22.09
Short-Term Debt Repaid	-	-	-	-100	-	-
Long-Term Debt Repaid	-	-	-	-	-3.33	-3.19
Total Debt Repaid	-222	-	-	-100	-3.33	-3.19
Net Debt Issued (Repaid)	-222	-	-	-100	-3.33	-3.19
Issuance of Common Stock	-	-	-	-	-	0.05
Repurchase of Common Stock	-	-	-	-	-0.27	-0.14
Common Dividends Paid	-310	-262	-245	-222	-180.87	-170.36
Other Financing Activities	-3	-3	-6	-4	-	-0
Financing Cash Flow	-535	-265	-251	-326	-184.47	-173.64
Foreign Exchange Rate Adjustments	-1	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-2	-	-1	-1	-0	-0
Net Cash Flow	-342	416	455	182	360.49	439.11
Free Cash Flow	199	588	500	647	645.84	621.22
Free Cash Flow Growth	-77.49%	17.60%	-22.72%	0.18%	3.96%	-
Free Cash Flow Margin	1.21%	3.94%	3.52%	4.56%	5.78%	6.02%
Free Cash Flow Per Share	37.12	109.74	93.41	121.18	124.62	120.06
Cash Interest Paid	1	-	-	-	0.55	0.7
Cash Income Tax Paid	278	332	342	321	148.69	350.02
Levered Free Cash Flow	573.13	648	210.13	957	429.69	-
Unlevered Free Cash Flow	573.75	648	210.13	957	430.04	-
Change in Working Capital	-781	-349	-172	-218	-151.56	184.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.