FILE - In this Dec. 5, 2018, file photo, Tokyo 2020 President Yoshiro Mori, right, speaks as IOC inspection team head John Coates listens during a press conference in Tokyo. Organizers of the 2020 Tokyo Olympics said Friday, Dec. 21, 2018, they picked up another $1 million in domestic sponsorships and that the operating budget for the games remains at $5.6 billion. (Koji Sasahara, File/Associated Press)TOKYO — Organizers of the 2020 Tokyo Olympics say they have secured another $1 million in domestic sponsorships and that the operating budget for the games remains at $5.6 billion. “With less than 600 days to go until the games, we are finally entering a fully-fledged implementation phase,” Tokyo 2020 President Toshiro Muto said. Tokyo’s privately-funded operating budget relies most on domestic sponsorship sales, and Coates and Bach said the enthusiasm of Japanese companies had helped break all records.

Source: Washington Post December 21, 2018 05:43 UTC