TOKYO (AP) — Japanese technology and entertainment company Sony logged an 18 percent rise in profit for the fiscal year through March on healthy results at its music and video-game operations.

Its chief executive, Hiroki Totoki, outlined the company’s strategy for growth, stressing that collaboration among Sony Corp.’s various segments, such as animation and music, were crucial to deliver the “kando,” or emotional engagement, that lies at the core of the company’s vision and strength.

“Building on our momentum and results to date and working with a laser-like focus to realize our long-term Creative Entertainment Vision will be at the core of our corporate strategies moving forward,” he told reporters.

Sony’s movies division has strong offerings in the pipeline, including Spider-Man films and biopics about The Beatles, while animation remains a driver of growth centered around the popular anime streaming service Crunchyroll, Totoki said.

Tokyo-based Sony reported a record annual profit of $7.8 billion, up from $6.5 billion in the previous fiscal year. Annual sales were virtually unchanged, inching down to $88 billion.

Totoki stressed that Sony plans to leverage its content creating technology, such as virtual reality and image sensors, to feed into its entertainment products, including working on immersive experiences. Sony also has powerful collaborative relations with various entertainment companies such as Kadokawa, which includes publishing as well as films and animation, and Bandai Namco, a video game maker, he added.

Sony, which makes the PlayStation console and game software played on that machine, also posted healthy results in the gaming business.

Its music operations, which also held up, include recordings, streaming services and music for games.

For the January-March quarter, Sony posted a $1.3 billion profit, up 5 percent from $1.27 billion the same quarter in the previous fiscal year. Sales were $17.7 billion, down 24 percent from $23.5 billion.

Sony is forecasting a nearly 13 percent drop in profit for the fiscal year through March 2026, to $6.3 billion, on $80 billion sales, down 2.9 percent on-year.