• Kyodo

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The Tokyo 2020 Summer Olympics bid committee revealed details of its official application to host the games Thursday, hoping its vision for a compact event to revitalize Japan after the March disasters will trump rival cities.

After losing out to Rio de Janeiro in the race for the 2016 Games, Tokyo’s latest application claims it could stage the 2020 Olympics for half the cost estimated in its previous bid, projecting a total budget of around ¥7.5 billion.

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