Line Corporation reported Impairment loss for the third Quarter ended September 30, 2020. For the third quarter, due to cancellation of certain system development, LINE Group recognized JPY 1,174 million in impartment loss of intangible assets in the third quarter consolidated financial statements for the fiscal year ending December 31, 2020. addition, LINE Group recognized JPY 1,305 million in impairment loss due to reduced recoverability of intangible assets and other current assets in the third quarter consolidated financial statements for the fiscal year ending December 31, 2020. JPY 16,302 million in impairment loss of investments in associates and JPY 2,479 million in impairment loss of intangible assets and other current assets have been recognized on the Summary of Consolidated Financial Results for the Nine Months Ended September 30, 2020.