Sony’s latest results show why the entertainment business cannot be measured by console sales alone: operating profit climbed sharply while PlayStation 5 hardware shipments fell.

The company’s November 5 earnings presentation reports quarterly operating income of 622.3 billion yen, up 45%, on revenue of 3.43 trillion yen. Games and pictures were major contributors.

Game and Network Services operating income rose to 220.1 billion yen from 120.4 billion a year earlier. Pictures operating income increased to 92.6 billion yen from 13.9 billion, while music also improved.

Reuters reported that the film Spider-Man: Brand New Day helped results. Sony sold 2.6 million PlayStation 5 consoles during the quarter, down from 4 million a year earlier, even as the broader gaming segment earned more.

The figures separate hardware volume from a business that also makes money through software, network services and entertainment rights. Lower console sales do not necessarily produce a matching decline in segment profit.

Sony raised its full-year operating-income forecast to 1.87 trillion yen, about 9% above its previous estimate. That remains a forecast, dependent on the rest of the fiscal year.