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Surveys show that more than half of Japanese companies agree to cancel or postpone the Tokyo Olympic Games From Tokyo Shoko Research

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More than half of Japanese companies believe the Tokyo Olympics should be cancelled or further postponed, raising further doubts about the prospects of the ill fated games, according to a survey released Monday by Tokyo Shoko Research, a Japanese think tank.

The survey was conducted from February 1 to 8, and more than 11000 enterprises were surveyed. The results showed that 56% of the enterprises interviewed believed that Japan should cancel or postpone the Olympic Games, up from 53.6% in the last survey in August last year.

Only 7.7% of the companies surveyed said that this year’s Olympic Games should be carried out as planned, far lower than 22.5% in the last survey. Nearly 20% of enterprises said that the Olympic Games should be held with a small number of spectators, while another 17% of respondents said that the Olympic Games should be held without spectators.

More than 70% of companies said cancelling or delaying the Games had little impact on their profits.

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