The bill is at least 300 billion yen ($2.7 billion), with the central government, Tokyo Metropolitan Government and organizing committee splitting the costs. The host city contract between Tokyo and the IOC doesn’t address postponement. The loss of spectators deals a fresh blow to a tourism industry counting on revenue from Olympic visitors to recoup losses from the pandemic. About 7.8 million tickets were made available for the Olympics before the delay. By keeping the name Tokyo 2020, even after the calendar turned to 2021, the IOC insured that logos, packaging, t-shirts, merchandise and broadcast chyrons remain the same — a cost-saving move for sponsors and partners.