Sayonara, Olympics: Japanese brands exit pricey sponsorships

Chinese, South Korean companies fill the gap in top partnership deals

20241002N Paris Olympics Champions Park

Japan's Panasonic Holdings, Toyota Motor and Bridgestone are ending their top sponsorship of the Olympic Games. (Photo by Yuki Nakao)

MAKOTO TANIGUCHI, Nikkei staff writer

TOKYO -- Three of Japan's biggest companies -- Panasonic Holdings, Toyota Motor and Bridgestone -- are ending their top-tier sponsorship of the Olympic Games as they rethink the benefits of these increasingly hefty investments.

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