Tokyo 2020 sponsor Toyota (7203.T) will not air Olympics-related TV commercials, the daily Yomiuri reported a senior company executive as saying on Monday.
Toyota Motor Corp's logo on Estima Hybrid model is pictured at its headquarters in Tokyo, Japan, February 6, 2017. REUTERS/Kim Kyung-Hoonwill not air Olympics-related TV commercials, the daily Yomiuri reported a senior company executive as saying on Monday.
"The Olympics is becoming an event that has not gained the public's understanding," the report quoted the executive as saying. Toyota CEO Akio Toyoda is expected to skip attending the opening ceremony, according to the report.Reporting by Sakura Murakami; Editing by Himani SarkarSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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