Tokyo 2020 Under Increasing Pressure To Keep Budget Under Control
Tokyo 2020 Olympic Games organizers are "facing increasing pressure in the face of spiraling costs" after the IOC admitted new measures to tackle hot weather "are not going to be free," according to Lawrence Ostlere of the London INDEPENDENT. Japan’s "scorching" summer, which saw temperatures exceed 40C (104F) in the capital and resulted in the death of nearly 100 people, "sparked concerns over how similar conditions would affect athletes and fans at the Games," and has led to proposals for around 20 preventative measures by the IOC "including mist-spraying and heat-blocking technology." The local government will "also be taking protective measures such as increasing shaded areas in the city." IOC Coordination Commission Chair John Coates warned that costs previously not anticipated, such as anti-heat measures, "will need to be included in the new budget." Coates: "There is still some way to go with sponsorship to balance the operating budget, and there is still the ticketing revenue to be achieved." Tokyo 2020 CEO Yoshiro Muto "reassured the public that the new budget would not further exceed current estimates" (INDEPENDENT, 12/6).
NEW SPONSOR: The Tokyo 2020 organizing committee announced Morisawa as an official supporter, the third domestic tier of the Tokyo 2020 Sponsorship Program. The company was attributed the category "Font Design & Development Services." Its addition brings the total number of domestic partners to 57, including 15 gold partners, 30 official partners and 12 official supporters (Tokyo 2020).