The 2025 World Expo in Osaka, western Japan, is projected to have generated up to 37 billion yen, or about 237 million dollars, in surplus. That is about 9 billion yen, or about 58 million dollars, more in surplus than previously estimated.
The organizer of the expo, the Japan Association for the 2025 World Exposition, revealed the figures at a board of directors meeting in Tokyo on Wednesday. The six-month event concluded in October.
The organizer said the expo is expected to show a surplus of 32 billion to 37 billion yen, or roughly 205 million to 237 million dollars.
The association had said in October that operating profits of 23 billion to 28 billion yen, or roughly 148 million to 180 million dollars, were expected.
The figure was revised upwards thanks to additional revenue from tickets sold by travel agencies and sales in shops at the expo’s venue.
The central government, the Osaka prefectural government, the Osaka city government and business circles plan to hold a meeting on Thursday to verify the event’s outcomes and discuss how to make use of the surplus.
The association also estimated that 1.95 million tickets remained unused. That figure represents 8.8 percent of the 22.25 million tickets that were sold.
AloJapan.com