• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Coronavirus

As two nations boycott, Japan finally admits coronavirus might disrupt Tokyo 2020 Olympics

By
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
By
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
March 23, 2020, 4:43 AM ET
Japan's Prime Minister Shinzo Abe arrives for the construction completion ceremony of the New National Stadium on December 15, 2019 in Tokyo, Japan. (Photo by Tomohiro Ohsumi/Getty Images)
Japan's Prime Minister Shinzo Abe arrives for the construction completion ceremony of the New National Stadium on December 15, 2019 in Tokyo, Japan. (Photo by Tomohiro Ohsumi/Getty Images) Tayfun Coskun—Anadolu Agency/Getty Images
Add Fortune on Google for similar content.

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business. Get it delivered free to your inbox.

For months, Japan and the International Olympic Committee have remained resolute that the Tokyo 2020 Olympic and Paralympic Games will continue as scheduled—even as the world enters lockdown in the midst of the coronavirus pandemic. But on Monday, Japan’s Prime Minister Shinzo Abe for the first time accepted that the games might be postponed, as two Olympic powerhouses—Canada and Australia—said they were already preparing for the Games to be pushed beyond the July 24 start date.

“If it is difficult to hold the Games [in complete form], we have to decide to postpone them, giving top priority to [the health of the] athletes,” Abe said during a parliamentary session on Monday, adding that “cancellation is not an option.”

As of Monday, Japan has 1,001 confirmed cases of COVID-19, with 41 deaths and 235 recovered.

Abe’s concession is the latest signal given by the Japanese government that delaying the 2020 Olympic and Paralympic Games in Tokyo is under consideration. In early March, Japan’s Olympics minister Seiko Hashimoto told Parliament that the Olympic contract allowed for the games to be hosted anytime this year.

Hashimoto’s comments came two weeks after the Tokyo Olympic organizers said there was “no plan B” for the Games, and earlier on Monday, Tokyo Olympic organizing committee president Yoshiro Mori reasserted that the Games would not be canceled. Calls at home and abroad for a postponement, however, are growing.

Pulling out

Indeed, Abe’s admission came a day after Canada’s Olympic and Paralympic organizing committees announced they would not be sending athletes to the Tokyo 2020 games. In a joint statement, the organizing bodies called on the International Olympic Committee to “postpone the Games for one year.”

On Monday, the Australia organizing committee announced its intention to withdraw from Tokyo 2020 as well and told athletes to prepare for the Games to be rescheduled to 2021. Australian team chef de mission for Tokyo Ian Chesterman said, “[It’s] clear the games can’t be held in July.”

As the coronavirus outbreak has turned into a global pandemic, Olympic qualifying matches have been canceled or delayed, while national teams have attempted to maintain training regimens under isolation.

In February China’s women’s football team, for example, was put through a seven-day quarantine after arriving to play a qualifier that had been moved from its original host city, Wuhan. The group then had to play another “home” qualifier round in Sydney, because they were unable to host the match back in China.

Nic Coward, chairman for U.K. Athletics—the nation’s athletics governing body—called for the Olympics to be postponed, too, on Friday. Coward said that as training facilities enter shutdown and athletes, like everyone else, are being advised to stay indoors, training has become “compromised at best.”

Even the Olympic torch relay around Japan is being eyed for cancellation. The flame arrived back in Japan last week, drawing a crowd in the tens of thousands, prompting more health concerns. According to Mori, because of the outbreak, even Prime Minister Abe is reluctant to attend the relay’s opening ceremony, which is due to take place in Fukushima on Thursday.

The International Olympic Committee said Sunday that the council would make a decision within the next four weeks on whether the games should progress as scheduled. However, Tokyo Olympic Committee member Kaori Yamaguchi has already called for the Olympics to be put on hold, saying the games “should not be held in a situation people in the world can’t enjoy.”

More coronavirus coverage from Fortune:

—A financial crisis looms as corporate America presses for a coronavirus bailout
—Tax deadline moved to July 15 owing to the coronavirus
—Death rate in China’s coronavirus epicenter is lower than previously thought
—How working parents are navigating childcare during the coronavirus pandemic
—As oil slides on the coronavirus and a price war, the market seeks a new normal
—Funerals in the time of the coronavirus: How a pandemic is changing the industry
—Listen to Leadership Next, a Fortune podcast examining the evolving role of CEOs
—WATCH: World leaders and health experts on how to stop the spread of COVID-19

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business. Get it delivered free to your inbox.

About the Author
By Eamon Barrett
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
19 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
23 hours ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
1 day ago
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
Future of Work
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
By Sarah GlodekJuly 20, 2026
1 day ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.