Panasonic to end sponsorship contract with IOC
One of the 15 top sponsoring companies for the IOC, Panasonic, is terminating its contract with the International Olympic Committee at the end of the year. Besides, not only Panasonic but also some other Japanese sponsors seem to have turned away from the Olympics. Repeated increases in costs and the unearthed myriad of corruption scandals are considered to be the cause.
The IOC couldn't say anything against the termination of the contract.
There are so many problems that have still not been solved in the IOC, and dissatisfactions from people and athletes are occasionally seen in the news.
I believe the Olympics should be a competition that everyone can enjoy under the equality. So I hope Panasonic's termination of its contract with IOC will result in a good way.
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