Tomo Sano

“Could you decompose the quarter's organic growth into price versus volumes, if you could give us any color overall and then by segment? And then also, as LLM-driven search increases pricing transparency and simplifies comparisons, has your view of CPI plus price realization changed in any way?”

“And if you could talk about infrastructure backlog has increased to $1.8 billion, could you break down what is driving the increase across customers, and if you could talk about competitive landscape as well from the current environment?”

“On a production side, when production out of phases recognize revenue, what KPIs or guard release do you use to manage the tradeoff between near-term margin pressures and future margin expansions?”

“And I'd like to ask you about regarding the assumed average daily sales growth range in a back half. Could you share your underlying assumptions on demand conditions and pipeline, especially for four categories performance as you had in Q2 performance on page 12?”

“Could you talk about P&S growth margin again? And if you look at the 70 basis point year over year, could you break down a little bit more color contribution from volume manufacturing, supply chain, executions, productivity, mix and pricing and so on?”