Yeah. Miyazaki didn't lead the development because his team was doing Bloodborne.
Miyazaki's story is frigging amazing, by the way. Dude left Oracle in his late twenties/early 30s to join From with no experience in games development, took over the flagging development of Demon Souls, which was going to be cut because the game was going nowhere, completely rebuilt the game from the ground up, followed it up with Dark Souls 1, and now is the president of the company.
Demon's Souls was Eurogamer.net