Tokyo 2016 Now Has 17 Sponsors

Tokyo 2016 has attracted 17 Japanese companies serving as official sponsors for the 2016 Summer Olympic bid, organizers said Thursday.

A Tokyo 2016 press release said it gives the Olympic Movement the potential to reach more than three billion prime-time viewers across the Asia Pacific region, unprecedented in the history of the Games.

The sponsors include sports apparel companies Asics and Descente, beer make Asahi, toy maker Bandai, commercial carriers Japan Airlines and All Nippon Airways, Internet giant Yahoo Japan, and parcel service Yamato Transport, reports the Associated Press.

During the remaining two months of Tokyo’s bid the partners will campaign on behalf of Tokyo 2016 as well as collaborate with the bid committee.

Also the Tokyo Chamber of Commerce and Industry – a body representing more than 80,000 companies from across the city – has established an Olympic and Paralympic Bid Special Committee to coordinate its support for Tokyo 2016. Nippon Keidanren (Japan Business Federation), a comprehensive business organization, also offers its overall support to the bid.

The Tokyo Metropolitan Government has set aside a $4 billion fund for the Olympic Games said organizers.