The Olympic and Paralympic Games in Tokyo in July–September 2021 took place in a challenging social environment that seriously affected the public perception of the events. When preparing for the Olympics from 2013–2019, the Japanese people actively supported the Games, which was confirmed by the results of numerous sociological studies. In March 2020, the COVID-19 pandemic began, followed by several waves of infection spread. The competition was postponed for a year. Vaccination in Japan was delayed compared with most of the G7 countries. Against this background, in the summer of 2021, the most dangerous Delta strain of coronavirus began to spread in the country, bringing a rise in mortality rates and overcrowding in hospitals in large cities. In this difficult epidemiological and social situation, surveys recorded a negative attitude towards the Olympics.However, during the competition, the majority opinion once again turned positive, mainly due to the athletic successes of the Japanese team and effective anti-virus control measures. The absence of spectators in the venues, most probably, did not affect the sporting achievements significantly. At least, the Japanese Olympic team won a record number of medals. Infection prevention measures proved effective in limiting the transmission of the virus among the athletes and the Japanese service personnel. The economic and symbolic achievements of the Games did not meet expectations, as, during the Olympics, it was not possible to properly address its significance as the end point of the low-growth “lost decades”, evidence of economic recovery after the triple disaster of 2011, and as a tool to increase Japan’s tourist attractiveness.Therefore, during the pandemic, major sports events should be held primarily to train top-class athletes and to increase populace satisfaction with the success of the national team rather than to obtain direct economic benefits or improve the host country’s image.