This is the 2048th most frequent Japanese word.
五輪
"五輪" means "the Olympics" or "five rings."
The term "五輪" is shorthand for "オリンピック" (Olympics), referring to the international sports event.
東京オリンピックは2020年に行われた。
The Tokyo Olympics were held in 2020.
Here, "五輪" represents an aspirational goal centered around the Olympic Games.
彼は五輪を目指して日々練習している。
He trains daily aiming for the Olympics.
"五輪" refers to the symbol of the Olympics, specifically the five interlocked rings.