SELECT 
  discussion.object_id AS product_id, 
  AVG(discussion_rating.rating_value) AS average_rating, 
  discussion.type AS discussion_type, 
  discussion.thread_id AS discussion_thread_id 
FROM 
  discussion 
  LEFT JOIN discussion_posts ON discussion_posts.thread_id = discussion.thread_id 
  AND discussion_posts.status = "A" 
  LEFT JOIN discussion_rating ON discussion.thread_id = discussion_rating.thread_id 
  AND discussion_rating.post_id = discussion_posts.post_id 
  AND discussion_rating.rating_value != 0 
WHERE 
  discussion.object_id IN (
    266322, 267961, 265003, 269700, 264999
  ) 
  AND discussion.object_type = "P" 
GROUP BY 
  discussion.object_id

Query time 0.00067

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "12.04"
    },
    "grouping_operation": {
      "using_filesort": false,
      "nested_loop": [
        {
          "table": {
            "table_name": "discussion",
            "access_type": "range",
            "possible_keys": [
              "object_id"
            ],
            "key": "object_id",
            "used_key_parts": [
              "object_id",
              "object_type"
            ],
            "key_length": "6",
            "rows_examined_per_scan": 5,
            "rows_produced_per_join": 5,
            "filtered": "100.00",
            "index_condition": "((`goimagine`.`discussion`.`object_id` in (266322,267961,265003,269700,264999)) and (`goimagine`.`discussion`.`object_type` = 'P'))",
            "cost_info": {
              "read_cost": "6.33",
              "eval_cost": "0.50",
              "prefix_cost": "6.83",
              "data_read_per_join": "120"
            },
            "used_columns": [
              "thread_id",
              "object_id",
              "object_type",
              "type"
            ]
          }
        },
        {
          "table": {
            "table_name": "discussion_posts",
            "access_type": "ref",
            "possible_keys": [
              "thread_id",
              "thread_id_2"
            ],
            "key": "thread_id_2",
            "used_key_parts": [
              "thread_id",
              "status"
            ],
            "key_length": "6",
            "ref": [
              "goimagine.discussion.thread_id",
              "const"
            ],
            "rows_examined_per_scan": 1,
            "rows_produced_per_join": 8,
            "filtered": "100.00",
            "using_index": true,
            "cost_info": {
              "read_cost": "1.25",
              "eval_cost": "0.88",
              "prefix_cost": "8.96",
              "data_read_per_join": "3K"
            },
            "used_columns": [
              "post_id",
              "thread_id",
              "status"
            ]
          }
        },
        {
          "table": {
            "table_name": "discussion_rating",
            "access_type": "eq_ref",
            "possible_keys": [
              "PRIMARY",
              "thread_id"
            ],
            "key": "PRIMARY",
            "used_key_parts": [
              "post_id"
            ],
            "key_length": "3",
            "ref": [
              "goimagine.discussion_posts.post_id"
            ],
            "rows_examined_per_scan": 1,
            "rows_produced_per_join": 8,
            "filtered": "100.00",
            "cost_info": {
              "read_cost": "2.20",
              "eval_cost": "0.88",
              "prefix_cost": "12.04",
              "data_read_per_join": "140"
            },
            "used_columns": [
              "rating_value",
              "post_id",
              "thread_id"
            ],
            "attached_condition": "<if>(is_not_null_compl(discussion_rating), ((`goimagine`.`discussion_rating`.`thread_id` = `goimagine`.`discussion`.`thread_id`) and (`goimagine`.`discussion_rating`.`rating_value` <> 0)), true)"
          }
        }
      ]
    }
  }
}

Result

product_id average_rating discussion_type discussion_thread_id
264999 D 3308635
265003 D 3308640
266322 D 3326816
267961 D 3345227
269700 D 3414193