More than four years after the Tokyo Summer Olympics and Paralympics in 2021, efforts are underway to rescue the new Japan National Stadium from the potential fate of becoming a white elephant.
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Can Japan stop its National Stadium from becoming a costly white elephant?
Annual maintenance and management costs for the stadium built for Japan's 2020 Summer Games are estimated at ¥2.4 billion, raising concerns it may turn into a negative legacy.
The Japan Times
Former Kadokawa chairman given suspended jail sentence over Olympic graft scandal
Tsuguhiko Kadokawa, 82, was found guilty of bribing a former senior official of the Tokyo Olympic organizing committee.
The Japan TimesUpholding lower court rulings, Japan's Supreme Court has ordered advertising giant Dentsu Group to pay a fine of ¥300 million over bid-rigging related to the Tokyo Olympics and Paralympics in 2021.
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Fines for Dentsu Group over Tokyo Games bid-rigging finalized
A court also backed lower court rulings that sentenced Koji Henmi, formerly of the sports department of Dentsu, a subsidiary of the group, to a suspended two-year prison term.
The Japan Times
MUFG buys Japan National Stadium naming rights for five years
The financial services company anticipates opportunities from the investment.
The Japan Times
Mitsubishi UFJ to acquire naming rights for National Stadium
The acquisition is expected to cost around ¥10 billion over five years.
The Japan Times
How the World Athletics Championships in Tokyo delivered on the fan experience
After the Olympics, the fan experience at World Athletics Championships was arguably more important than any other event. So how did National Stadium fare with its big do-over?
The Japan Times
World Athletics stars relish Tokyo atmosphere after COVID-hit Olympics
For many athletes competing at the world championships in Tokyo this week who also competed at the COVID-hit Summer Games, the experience has been like night and day.
The Japan Times
National Stadium to finally fulfill destiny years after hosting Olympics without fans
Originally built in 2019 ahead of the Tokyo Olympics, National Stadium was robbed of its original purpose when the COVID-19 pandemic turned the world upside down.
The Japan Times
Tokyo court upholds fine of ¥300 million for Dentsu in Olympic bid-rigging case
The high court also upheld a ruling that sentenced the former assistant head of the sports department of Dentsu to two years in prison, suspended for four years.
The Japan TimesThe Fair Trade Commission slapped fines totaling ¥3.3 billion on advertising giant Dentsu Group and six other ad agencies and event organizers for bid-rigging over the Tokyo Olympics and Paralympics.
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FTC fines Dentsu Group and others ¥3.3 billion
The FTC also found an antimonopoly law violation by ADK Marketing Solutions but refrained from imposing a fine on the firm.
The Japan Times