TOKYO – The cost of the one-year postponement of the Tokyo Olympics is estimated to be just under $2 billion, or about 200 billion yen.
Japan’s Kyodo news agency and the Yomiuri newspaper both reported the figure on Sunday citing unnamed sources close to games organizers.
The reported cost of the delay because of the COVID-19 pandemic is in line with repeated estimates over the last several months.
The organizers, the Tokyo metro government and the Japanese national government are expected to report next month how the costs will be shared.