Next, I will explain progress in structural reform announced at the time of the interim results.
Structural reform progressed in line with plans in glass substrates for HDDs. The impact on loss improved by around ¥400 million from the first half and we will aim to reduce the amount of loss as much as possible toward the end of the fiscal year. In the business for lens units for smartphones, we decided to stop accepting new orders and conducting development. In line with this, we will downsize the scale of production going forward so we also decided to sell certain assets used in production in China to a local company.
In terms of the impact on third-quarter profit and loss, we recorded ¥1.2 billion in impairment loss and other areas.
Structural reform progressed in line with plans in glass substrates for HDDs. The impact on loss improved by around ¥400 million from the first half and we will aim to reduce the amount of loss as much as possible toward the end of the fiscal year. In the business for lens units for smartphones, we decided to stop accepting new orders and conducting development. In line with this, we will downsize the scale of production going forward so we also decided to sell certain assets used in production in China to a local company.
In terms of the impact on third-quarter profit and loss, we recorded ¥1.2 billion in impairment loss and other areas.