Extra costs for Tokyo Games estimated at $1.9 bil.

Nov 30, 2020 | News On Japan

Nov 30, 2020 (NHK) - Sources say the organizing committee of the Tokyo Olympics and Paralympics now estimates that the extra costs related to the Games' postponement will come to about 200 billion yen, or 1.9 billion dollars.

The original cost estimate for the Games was about 13 billion dollars, excluding a reserve fund.

The organizing committee was to shoulder 5.79 billion dollars, the Tokyo Metropolitan Government 5.73 billion dollars, and the central government 1.44 billion dollars.

Additional funds will be needed to renew the contracts for venues and to pay for labor and other items, as the Games were postponed by one year due to the coronavirus pandemic.

The sources say the coronavirus measures that are being considered by a government-led panel are not included in the extra costs.

The organizing committee had already cut the Games' costs by about 288 million dollars by streamlining plans.

The committee says it hopes to announce the total expenditures by the yearend after discussions with the central and Tokyo governments on how to share the burden.

Source: ANNnewsCH

Typhoons No. 28 and 29 Bring High Waves to Japan's Pacific Coast

Two typhoons moving across the Pacific southeast of Japan are expected to remain well away from the Japanese mainland, but powerful swells could bring rough seas to a wide stretch of the country's Pacific coastline throughout the three-day holiday weekend, according to forecasts updated at 3 a.m. on October 10.

Cyberattacks Spread Across Japan

A series of cyberattacks has disrupted business operations and exposed millions of customer records across Japan, with a ransomware attack on a cloud service provider affecting 495 companies and local governments nationwide, while convenience store operator Lawson has disclosed a separate breach involving more than 2.15 million personal information records.

Japan's First 360-Degree Projection Mapping Opens in Osaka

Japan's first 360-degree projection mapping show will open at the Osaka City Museum of Fine Arts on October 10, transforming the historic building into an immersive world of light, music, and seasonal imagery, with organizers hoping the attraction will also help stimulate the city's nighttime economy.

Tokyo University Professor Wins Nobel Prize in Chemistry

Tokyo University of Science professor emeritus Kenzo Soai has been awarded this year's Nobel Prize in Chemistry together with French chemist Henri B. Kagan for discoveries that transformed scientists' understanding of how chemical reactions can favor one of two mirror-image forms of a molecule.

US Military Halts All Okinawa Operations for 48 Hours

The US military suspended activities by all forces stationed in Okinawa for 48 hours from noon on October 7, an unusual measure following the arrest of a US Marine in connection with a robbery and murder case that has renewed scrutiny of crimes involving American service members.

MEDIA CHANNELS

MORE Society NEWS

Most Sightings of Fugitive Yoichi Hatta Reported in Kanto

Police in Oita Prefecture have revealed that the Kanto region accounts for the largest number of reported sightings of Yoichi Hatta, a fugitive wanted in connection with a fatal hit-and-run incident in Beppu in 2022, with authorities preparing to distribute new wanted posters nationwide from November as the search enters its fifth year.