Quest Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.