(updated) Two-thirds of the japanese companies that were planned to be a sponsor of the Tokyo 2020 Olympic Games are having second thoughts about maintaining their commitment until next year, according to the Japanese TV channel NHK. The survey was aired after members of the organizing committee of the Games held a press conference on May 10 to announce that they are working on a simplification of the event, following its postponement to July 2021. They said that a list of more than 200 related activities were currently under review for downsizing or cancellation, a move that was later approved by Thomas Bach, president of the International Olympic Committee. Further announcements will be made in the autumn, taking into account the evolution of sanitary conditions. According to the Asian Nikkei Review, the one-year postponement of the Olympics will add about 300 billion yen to the organization costs, bringing the overall budget to ¥ 1.35 trillion (€11.2bn-$12.6bn).