A decision was made to withdraw from the glass substrates for HDDs business due to an inability to secure the position initially envisioned in 500GB high-density products and to minimal prospects for high profitability going forward owing to contraction in the market itself. In our initial plan, we factored in impairment loss from the second manufacturing line in addition to the first manufacturing line recorded in the previous fiscal year to reduce business scale. Based on our decision to withdraw from the business, we recorded a ¥16.8 billion loss that incorporated loss stemming from impairment and withdrawal of all production facilities, including the third manufacturing line.
We also recorded ¥3.0 billion in extra retirement payments in the second quarter upon application of a special early retirement program as planned from the start of the period as a measure to strengthen Group structure. We are forecasting the effects of a reduction in fixed costs of ¥2.2 billion next fiscal year due to this measure and project the effect of a reduction in fixed costs exceeding the recorded amount for the second half and next term. Operating income per employee has been declining in recent years and we took steps to resolve this early on before future problems emerge. In addition, we factored in expenses related to a structural review of production in the mobile lens business of the Industrial Business, which has been struggling to generate profit, and the Business Technologies Business, as well as of sales subsidiaries, into extraordinary loss for the second half.