Domestic sponsors have already contributed a record of $3.3 billion to help pay for the Tokyo Olympics. The official cost of putting on the Tokyo Olympics is $12.6 billion in the latest budget. These are distinct from the 14 long-term International Olympic Committee sponsors, which include three prominent Japanese brands — Panasonic, Toyota, and Bridgestone. The latest Tokyo organizing committee budget shows IOC contributions of $1.3 billion. Dentsu declined comment for this article, saying it was only a go-between for the companies and the Tokyo organizing committee.

Source: Fox News December 11, 2020 09:56 UTC