Tough question It does depend on how you see it.
Geographically, the earth is round so just spin it a bit and east becomes west lol (jk)

When it comes to industrialisation. can it be more industrialised?
I've heard that Japan is building so much that the price of concrete reinforcement have gone up all over europe : )
Its on the front line in computer technology as well, and i believe japan uses more of the technology in dayly life than most western countries.

In my view the answer would be yes.. maybe..