While the world watches Japan's on-again, off-again economic recovery, a forum of roughly 200 corporate decision-makers and former government officials has discussed how to turn that attention to the nation's advantage.

The G1 Global Conference 2015, which took place at Tokyo-based MBA school Globis University on Sunday, was decidedly upbeat about prospects, with the university's president saying Japan's international profile is on the rise thanks to progress toward recovery under the government's "Abenomics" economic reforms.

Yoshito Hori referred to the event's title, "From 'Japan Passing' to 'Japan Rushing' " in explaining where on the road the nation now stands.