- The Tokyo Olympic and Paralympic Games, which were scheduled to be held in July of this year, were postponed due to coronavirus spread.
- Meanwhile, Tokyo is running out of money as a measure against the continuing coronavirus.
- If the event is held, even if it is postponed, there will be an additional cost of several hundred billion yen.
The Tokyo Olympics, delayed in the aftermath of the new coronavirus pandemic, are expected to be “simplified” when they take place in 2021. Toshiro Muto, CEO of the Tokyo Olympic Organizing Committee, said that the Olympics will “not be done with grand splendor.”
He also said he is considering over 200 ways to reduce and simplify costs. The Tokyo Olympic and Paralympic Games, which were scheduled to be held in July of this year, were postponed due to coronavirus spread.
Reviewing Audience Reduction
Muto said the game schedule itself will not change, but plans to reduce the audience are under review. Organizing committee chairman Yoshiro Mori also denied the Tokyo Olympics cancellation, saying that it was not right to comment on what had not happened, so he was not considering cancellation. Japanese Prime Minister Shinzo Abe said in April that if the nation failed to respond to COVID-19, the Olympics could be “difficult.”
- To prioritize the health and safety of athletes, spectators, stakeholders, volunteers and staff
- To reduce the cost impact of postponement and promote public interest.
- To simplify and reduce the complexity of the Games to ensure they can be organized efficiently. safely and sustainably in this new context.
It was decided not to make it gorgeous for cost reduction and coronavirus measures, but to reduce participants, such as tournament officials and related events. According to officials of the tournament, both parties identified about 250 items of review and inspection items, such as “change of opening and closing ceremony and narrowing down the number of participants,” “reduction of the size of torch relay,” “review of service level in athletes’ village,” etc.
The Organizing Committee also confirmed to the IOC Executive Board the venue and schedule by July, and also presented a process chart such as considering specific plans for the new coronavirus measures from September to December. Secretary-General Muto said of the venue that “it is likely to be used in a considerable number of facilities.”
Prime Minister Abe has been aiming to hold the event in “complete form.” In this news conference, Chairman Mori said in a press conference on that day, “I don’t want to be anomalous, like the Moscow Olympics (where the West boycotted).”
Meanwhile, Tokyo is running out of money as a measure against the continuing coronavirus. To hold the Olympics and Paralympics, it is necessary for the people of Tokyo to understand each other. Countermeasure costs for the new coronavirus have risen to over ¥1 trillion, and the fiscal adjustment fund, which is a “savings box,” is expected to almost use up over ¥900 billion. Due to the economic downturn, there is a possibility that tax revenue will decrease by ¥1-2 trillion.
If the event is held, even if it is postponed, there will be an additional cost of several hundred billion yen. The International Olympic Committee (IOC) has indicated that it intends to pay up to $650 million (about ¥70.9 billion), but the host city, Tokyo, will do most of the rest.
The Tokyo Metropolitan Government believes that hosting the Games will lead to economic stimulus measures, but in the middle of April, when the spread of infection in Tokyo continued, executives said, “it is necessary to reduce the size of the Games and minimize it.”
There is also concern that holding the event while the bottom of the economic downturn cannot be seen may lead to repulsion from the people of Tokyo. There were days when the Tokyo Metropolitan Government received a dozen negative opinions about the event.