Japanese media: Tokyo Olympics abbreviated, estimated economic loss of 140 million yen

　　China News Service, November 12, according to Kyodo News, Japan’s Kansai University Honorary Professor Katsuhiro Miyamoto (Theoretical Economics) released estimates on the 10th, showing that due to the expansion of the new coronavirus epidemic, if the Tokyo Olympics and the disabled The Olympic Games will be simplified and the economic loss will reach about 1.3898 trillion yen (about 87.1 billion yuan).

Data map: On October 21, local time, the Tokyo Olympic and Paralympic Games Organizing Committee disclosed to the media in Tokyo on the 21st that spectators and others passed the demonstration test of baggage security check area operation when they entered the stadium.

The Olympic Organizing Committee will discuss the countermeasures during the Olympic Games based on the test results.

The picture shows a lady walking past the 2020 Tokyo Olympics poster.

　　It is reported that this estimate includes economic losses caused by delays and simplifications.

Among them, the loss of venue facility management fees and ticket refund expenses caused by the extension is estimated to be about 640.8 billion yen.

In addition, due to simplified measures such as restricting audiences, the total economic effect during the Olympics and the economic effect of the Olympic heritage is estimated to be about 749 billion yen.

Data map: On August 6, local time, the giant Olympic rings in Odaiba Seaside Park, Tokyo, Japan were temporarily dismantled and returned to the factory for maintenance.

　　According to Miyamoto's estimates, if the Olympics are cancelled, the economic loss will be as high as 4.5 trillion yen.

He said: “Although it’s best to hold it as usual, it’s not only for Japan, but also for the world, I think it’s the next best thing to hold within certain restrictions.”

　　Previously, according to "Central News Agency" reports, the Tokyo Olympics and Paralympics were postponed to 2021, which is expected to increase expenditures by hundreds of billions of yen. The organizing committee estimated that the simplified plan, including adjustments to arrangements and personnel costs, would reduce expenditures by more than 200 Billion yen.

(Finish)