In a statement the IOC said Prime Minister Shinzo Abe agreed that "Japan will continue to cover the costs it would have done under the terms of the existing agreement for 2020, and the IOC will continue to be responsible for its share of the costs.
The spectacular appointment as environment minister of the telegenic Shinjiro Koizumi, the 38-year-old son of much-loved former PM Junichiro Koizumi, set tongues wagging in Tokyo political classes as the Abe era draws to a close.