Suppose it has 5% sugar, if you reduce that amount 40% it won't be much. Maybe they add some soy byproduct
http://www.medicalnewstoday.com/articles/262978.php
(One teaspoon weighs approximately 4 grams)
Now, a volume of liquids and solids when mixed together do not necessarily add up to the same volume of the originals. For instance mixing a fluid ounce of alcohol and water won't result in 2 ounces of combined fluid.
So while they're talking about taking ~13g of sugar out of each serving (32% of the weight), that does not mean they need exactly 32% filler to make up the difference. Could be a lot less than that.
Cadbury, trimmed bars using carefully designed shapes (rounding off corners, adding curled edges) that seem as big; also adding cheap filler like popcorn or puffed rice.