Yes, though you will only be able to change the display language and current local, the root files will still be english and some poorly written software, especially older installers, will still display in english.
If you want to make your system entirely Japanese, you can follow the instructions at
http://windows.microsoft.com/en-us/windows-10/media-creation-tool-install to make a reinstall tool with a japanese version image and reinstall in japanese.