Lucas Scheer, president of LS Global Advisors in Japan, notes that virtual meetings and videoconferences were rarely used in the country pre-Covid. ‘Virtual meetings were frowned upon [in Japan] due to security concerns and general corporate policies prohibiting them,’ Scheer explains. ‘The pandemic means foreign travel to Japan is still highly restricted. My clients have realized they must allow for virtual videoconferences so we can have the conversations and communication we need to have with investors, given that in-person travel is limited. In Japan, virtual conferencing and communications probably have been brought to the forefront 10 years earlier than they would have been without Covid.’
Read more to see what Lucas Scheer and LS Global have to say about this subject.
Lucas Scheer, president of LS Global Advisors in Japan, notes that virtual meetings and videoconferences were rarely used in the country pre-Covid. Although this has changed completely, the attraction of foreign investors to US companies has always been there.
‘Virtual meetings were frowned upon [in Japan] due to security concerns and general corporate policies prohibiting them,’ Scheer explains. ‘The pandemic means foreign travel to Japan is still highly restricted. My clients have realized they must allow for virtual videoconferences so we can have the conversations and communication we need to have with investors, given that in-person travel is limited. In Japan, virtual conferencing and communications probably have been brought to the forefront 10 years earlier than they would have been without Covid.’
Read more to see what Lucas Scheer and LS Global have to say about this subject.