Al Jazeera's Joanna Gasiorowska speaks to Masato Mizuno, the vice-president of the Japanese Olympic Committee, as he states that the country will go ahead with a bid for the Olympic Games in 2020 despite the devastation caused by the earthquake and tsunami.

Mizuno - who is also the chairman of the Mizuno sports corporation - said that an Olympic bid could be the catalyst for reconstruction in Japan, which is expected to cost as much as $300 billion.

For a full interview with Mizuno - whose further role is as IOC member for Sport and the Environment - watch Counting the Cost on Al Jazeera English on Friday May 6, and later online.