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The Tokyo Olympics are to be postponed until 2021 after talks between Japan’s prime minister, Shinzo Abe, and the International Olympic Committee president, Thomas Bach.

The event, due to begin on 24 July, will now take place “no later than summer 2021”.

The postponement is due to coronavirus pandemic.

In a joint statement, the organisers of Tokyo 2020 and the IOC said: “The unprecedented and unpredictable spread of the outbreak has seen the situation in the rest of the world deteriorating.

“On Monday, the director general of the World Health Organization, Tedros Adhanom Ghebreyesus, said that the COVID-19 pandemic is ‘accelerating’.

“There are more than 375,000 cases now recorded worldwide and in nearly every country, and their number is growing by the hour.

“In the present circumstances and based on the information provided by the WHO today (Tuesday), the IOC president and the prime minister of Japan have concluded that the Games of the XXXII Olympiad in Tokyo must be rescheduled to a date beyond 2020 but not later than summer 2021, to safeguard the health of the athletes, everybody involved in the Olympic Games and the international community.”

It is the latest major sporting event to be postponed or cancelled because of coronavirus, following Euro 2020, Masters golf and the French Open tennis.