Japan Olympic Committee Celebrates 600% Budget Overshoot

Cheers rang around the offices of the Japan Olympic Committee yesterday, when it was announced that the cost of hosting the 2020 Tokyo Olympic games would exceed the initially stated budget by only 600%.

A spokesman for the JOC told a press conference, "We're very pleased at having been able to keep costs so low. Our initial plans allowed for an overshoot of up to 900%, so we're actually 50% within target, a splendid achievement."

As a reward for this restraint in spending, the JOC executive will be embarking on a chartered three-week Caribbean cruise, along with their families and those of the heads of the construction companies and yakuza syndicates providing infrastructure for the games. The cruise will feature 24-hour cabaret, a swimming pool filled with champagne and scattered with orchid leaves and ostrich feathers, and a casino funded entirely by Tokyo residents' tax.