Sony Group Corp (NYSE:SONY) saw a 10% rise in operating profit in its latest three months even though its PS5 game console sales fell.
Good sales of image sensors, for cameras in mobile phones, offset the dip in video game revenues though console profits rose and the entertainment giant was confident enough to raise its full-year profit forecast by 3%.
Image sensor profits tripled to Y36.6 billion helping the group total for the quarter to end June reaching Y279 billion (US$1.9 billion) with a tailwind from currency movements also helping the numbers.
Big moves in the yen recently have sprawled over into wild swings in the Japanese stock market. Sony said its assumed exchange rate for the year is approximately 145 yen to the dollar against 146.9 currently.
Sony added it sold 2.4 million PlayStation 5 (PS5) units, down on last year and for the full year expects to ship 18.5 million units compared to 20.8 million in 2023.
Shares were flat on the numbers.