Domestic sponsors agree to extend contracts for delayed Tokyo games

FILE PHOTO: A woman wearing a face mask rides her bicycle past giant Olympic rings being reinstalled at the waterfront area at Odaiba Marine Park, after they were temporarily taken down in August for maintenance amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan December 1, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO – Tokyo 2020 organizers said on Thursday that all 68 domestic sponsors for the Summer Olympics agreed in principle to extend their contracts for the delayed games.

The Tokyo Olympics had originally been scheduled for 2020, but were postponed by a year because of the coronavirus pandemic.

The domestic sponsors include companies hit hard by a steep fall in travel demand amid the pandemic, such as Japan Airlines Co Ltd and All Nippon Airways Co Ltd.