Graphic: Dashboard of Japanese stocks with a stake in Olympics' success
13/03/2020 05:50
March 13 (Reuters) - Japanese stocks banking on the success
of the Olympics this year are taking a hit as the rapid spread
of coronavirus is threatening a cancellation of the world's
biggest sporting tournament.
Tokyo 2020 organizers said on Friday they were moving ahead
with preparations to hold "safe and secure" Games on schedule,
after U.S. President Donald Trump said officials should consider
delaying the event for one year amid the coronavirus pandemic.
Japan has sought to squash speculation that the event, which
has cost it at least $12 billion in preparations and attracted
more than $3 billion in domestic sponsorships, could be
cancelled or postponed as the coronavirus cases grow worldwide,
including in Japan.
The following charts show how market prices and valuations
of these firms have changed in the past couple of months.
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Japan domestic sponsors' price performance https://tmsnrt.rs/3cTGpML
Japan's Olympics-involved stocks https://tmsnrt.rs/339cJ9S
Valuations of Olympics-involved stocks https://tmsnrt.rs/39MCm2H
Analyst revisions over the past two months https://tmsnrt.rs/2wP43JL
Olympics-involved stocks vs Broader indexes https://tmsnrt.rs/2TWfbwh
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(Reporting By Patturaja Murugaboopathy; Editing by Vidya
Ranganathan and Shailesh Kuber)
((patturaja.murugaboopathy@thomsonreuters.com;))