In case the Tokyo 2020 Olympics and Paralympics would be held without spectators, the economic loss stemming from it would amount to
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billion Japanese yen, according to an estimate from June 2021. As of March 2021, it was decided that the Games would be hosted without foreign spectators, which meant that a substantial part of the originally expected revenue from spectators disappeared.
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Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario
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Nomura Research Institute. (June 4, 2021). Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario (in billion Japanese yen) [Graph]. In Statista. Retrieved July 15, 2025, from https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/
Nomura Research Institute. "Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario (in billion Japanese yen)." Chart. June 4, 2021. Statista. Accessed July 15, 2025. https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/
Nomura Research Institute. (2021). Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario (in billion Japanese yen). Statista. Statista Inc.. Accessed: July 15, 2025. https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/
Nomura Research Institute. "Potential Spectator Related Losses Incurred from The Tokyo 2020 Olympics in Japan in 2021, by Scenario (in Billion Japanese Yen)." Statista, Statista Inc., 4 Jun 2021, https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/
Nomura Research Institute, Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario (in billion Japanese yen) Statista, https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/ (last visited July 15, 2025)
Potential spectator related losses incurred from the Tokyo 2020 Olympics in Japan in 2021, by scenario (in billion Japanese yen) [Graph], Nomura Research Institute, June 4, 2021. [Online]. Available: https://www.statista.com/statistics/1257252/japan-potential-losses-tokyo-olympics-by-scenario/
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