TODAY | September 08, 2013
>> is at an all-time high in japan this morning with the news late yesterday that the olympics are coming back. it was a hard fought battle to get them but tokyo will host the 2020 summer games . anne thompson is live with the reaction there. anne, i'm going to guess it's a pretty good one.
>> reporter: it certainly is, erica. the banners here along the famous shopping district proclaim tokyo as a candidate city for the 2020 games. but it, indeed, is the host city, a point of pride for the 9 million people who live here, most of whom were sound asleep when olympic president jacques rogge made the call from buenos aires half a world away . it was the moment japan had been waiting for --
>> tokyo .
>> reporter: back at home -- pandemonium.
>> the international olympic committee has given not just the city of tokyo but the entire nation of gentlemjapan an absolute shot in the arm.
>> reporter: a shot in the arm for a close knigt nation, saw a crisis from the crippled fukushima nuclear plant, the aftermath of the devastating earthquake and tsunami more than two years ago.
>> the people of japan have rallied around the northeastern part of the country that was destroyed, sports have actually caused people there to really rethink their priorities. it's been a band-aid of sorts.
>> reporter: madrid and istanbul made strong presentations with videos, but japan 's pitch was hard to top. the country has the experience hosting two winter games . the 1964 summer olympics were also in tokyo . it is one of the world's most sophisticated cities in a sports crazed nation. and, one more thing, japan has deep pockets, offering olympic officials the kind of financial support they just couldn't pass up.
>> the japanese invited the ioc on a date and said we have $4.5 billion, you want it? hello. yes, we want it.
>> reporter: now later today the olympic committee will have to decide which sport will be added to the 2020 games. the choices are wrestling, squash, or baseball and softball. erica?
>> big decision to be made. anne thompson in tokyo .