It was announced that the cost of the Tokyo Olympic and Paralympic Games will increase to 1,644 billion yen, requiring a new 294 billion yen due to the postponement of the Games for one year.
The Games Organizing Committee met on the 22nd to announce the costs of the Games.
According to this, due to the one-year postponement of the tournament, additional expenses such as re-contracting the venue and measures against the new coronavirus will require a new total of 294 billion yen, and the tournament cost will be from 1,350 billion yen of the plan last year. It increased to a total of 1,644 billion yen.
The actual burden is 706.0 billion yen for the Organizing Committee, 717 billion yen for Tokyo, and 221 billion yen for the national government.
Of this amount, the Organizing Committee expects a total increase of 76 billion yen due to insurance money of 50 billion yen due to postponement and additional sponsorship from sponsor companies, but the income is insufficient, so Tokyo is 15 billion yen. It is a situation to take over and bear the burden.
As for the tournament expenses, it is expected that the ticket income that is already expected to be income will change depending on the number of spectators in the situation where the spread of the new coronavirus infection is not stopped, and the Organizing Committee has been up to now. It is a difficult issue how much the above cost reduction and sales increase can be achieved.