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Asia Insight

Olympics and vaccine progress leave Japanese spending patchy

Tokyo's cautious approach over huge sporting event fails to secure broad public trust

AKANE OKUTSU and MITSURU OBE, Nikkei staff writers | Japan

TOKYO -- For Sanshiro Shirahashi, there's currently no place like home.

The last (and first) time Tokyo hosted the Olympics, in 1964, Shirahashi - then a student - barely stayed home. He recalls feeling excited walking around the city that drew thousands of foreign visitors and was the focus of world attention.

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