The organizing committee for the 2020 Tokyo Olympic and Paralympic Games proposed at a ticket sales strategy meeting Tuesday to set a 288,000 yen (about $2,600) cap on entry prices for the Games' opening ceremony.
The organizers proposed the ceiling for the ceremonies and competitions at a 14-member meeting, but did not announce any tangible results after several suggested that the price range of the tickets should be wider to accommodate the needs of customers.
While organizers are hoping to offer affordable tickets for elementary school students in the 1,000-2,020 yen price range, significantly higher-priced tickets targeted at wealthy communities will also be made available.
(Japan's new National Stadium, the main venue for the 2020 Summer Olympics, under construction in Tokyo)
"We couldn't draw a conclusion. We discussed about creating a bigger gap (in pricing)," said Sadahiko Kano, who heads the ticketing strategy panel.
The proposed ceiling for tickets for the Paralympic Games opening ceremony is 144,100 yen. Admission prices for Olympic events are said to start at 2,000 yen, with Paralympic events starting at 1,000 yen, according to sources close to the matter.
According to sources, the price of tickets for the Olympic opening ceremony is similar to the cost of tickets for the 2012 London Games, but the cost of its sister ceremony was set higher than the 2016 Rio Paralympics to increase the prestige of the multi-sport event for athletes with disabilities.
The organizing committee aims to gain approval for ticket prices at the International Olympic Committee board of directors meeting in July, with general sales to the public expected to start sometime next summer.