A study released Sept. 27 by Katsuhiro Miyamoto , professor emeritus of theoretical economics at Kansai University, estimated that the cancelation or postponement of 460 marathons and road races in Japan from the fall of 2020 through the spring of 2021 due to the ongoing coronavirus crisis would result in an estimated economic loss of 710 billion yen [ $6.74 billion USD ]. For races with more than 2000 participants, apart from direct losses such as entry fees and accommodation costs, the study's calculation included linked losses such as reduced purchases of supplies and materials, and secondary losses such as reduced spending by vendors due to decreased income. After performing the calculation for a number of representative races, numbers for other races were estimated based on their field sizes. The loss due to the cancelation of November's Osaka Marathon was estimated at 18 billion yen [ $171 million USD ]. Its 2019 race attracted 33,000 participants from across the co...
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