Top Olympic sponsor Toyota pulls Games-related TV ads

Top Olympic sponsor Toyota pulls Games-related TV ads

SeattlePI.com

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TOKYO (AP) — Toyota won’t be airing any Olympic-themed advertisements on Japanese television during the Tokyo Games despite being one of the IOC’s top corporate sponsors.

The extraordinary decision by the country’s top automaker underlines how polarizing the Games have become in Japan as COVID-19 infections rise ahead of Friday’s opening ceremony.

“There are many issues with these Games that are proving difficult to be understood,” Toyota Chief Communications Officer Jun Nagata told reporters Monday.

Chief Executive Akio Toyoda, the company founder’s grandson, will be skipping the opening ceremony. That’s despite about 200 athletes taking part in the Olympics and Paralympics who are affiliated with Toyota, including swimmer Takeshi Kawamoto and softball player Miu Goto.

Nagata said the company will continue to support its athletes.

Being a corporate sponsor for the Olympics is usually all about using the games as a platform to enhance the brand. But being linked with a pandemic-era Games may be viewed by some as a potential marketing problem.

Toyota Motor Corp. signed on as a worldwide Olympic sponsor in 2015, in an eight-year deal reportedly worth nearly $1 billion, becoming the first car company to join the IOC’s top-tier marketing program.

The sponsorship, which started globally in 2017, runs through the 2024 Olympics, covering three consecutive Olympics in Asia, including the Tokyo Games.

The Tokyo Olympics, already delayed by a year, are going ahead despite the Japanese capital being under a state of emergency.

It's already virtually a made-for-TV Olympics with most events, including the opening ceremony, going ahead without fans in the venues. Some dignitaries, such as IOC President Thomas Bach and Emperor Naruhito, are likely to attend.

Toyota is one of the...

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