TOKYO, Jan 30 (News On Japan) –
Sumitomo Mitsui Financial Group is about to amass the naming rights to Chichibunomiya Rugby Stadium, typically described because the religious house of Japanese rugby, in a deal value round 100 billion yen in whole.
Chichibunomiya Rugby Stadium is scheduled to be rebuilt as a part of the redevelopment of the Meiji Jingu Gaien space in Tokyo, with completion deliberate for 2030.
According to folks accustomed to the matter, Sumitomo Mitsui Financial Group will safe the naming rights for the brand new stadium for a 10-year interval at a complete value of about 100 billion yen.
While the official title Chichibunomiya Rugby Stadium is predicted to be retained, the venue is prone to undertake an extra title linked to Sumitomo Mitsui Financial Group.
In the Meiji Jingu Gaien space, Mitsubishi UFJ Financial Group has additionally obtained the naming rights to the National Stadium, which has been often called MUFG Stadium since this month.
Source: TBS