Somewhat overshadowed in recent years by China's rise as a regional and global power, Japan still extends considerable influence as a world leader in various fields, including investment, policy management and trade, according to experts who gathered at a Tokyo conference earlier this week.

But at the same time, Japan lags behind other countries in incorporating technological innovations, such as artificial intelligence, into everyday life and financial technology to improve efficiency, they said.

“We want to talk about Japan as a role model — not Japan following, not Japan copying — but Japan actually and constructively led by the young generation,” said Jesper Koll, who heads Wisdom Tree Japan KK, a Tokyo-based exchange-traded fund sponsor, in the opening session of the annual G1 Global Conference organized at Globis University on Monday.