Just because there's no PH doesn't mean Japan stays neutral.
The OP said:
America is neutral (no Pearl Harbour and no subsequent flashpoint which brings them into the war)
so if Japan is at war with Britain in the far east, then they've struck south and invaded Hong Kong/Malaysia/Singapore etc and
bypassed the Philippines, which is suicidal as the USA will surely intervene here given their foreign policy of stopping Japan from doing
exactly what they're doing, but now they've got enemies at their back as well as in front.
So for Japan to not be at war with USA, they're surely not at war with Britain, and most likely striking north against the Russians?
Already by '42 in the OTL the German army was too worn to advance along the whole front as it did the previous year. The reich's best chance was in '41 so I assume the USSR would be beaten then--probably by Guderian advancing to Moscow.
For them to win in 41 they need to start earlier, and not have the Austrian Corporal intervene in September and halt the Moscow advance, if Japan strikes north ITTL then Zhukov can't come to the rescue. Personally I think this would have just been another Stalingrad, and the USSR would continue. It was a war of extermination, the Soviets aren't just going to offer terms. It'll take the Germans a few campaigns.
Stalemate is most likely. Britian is forced to send troops to watch Iran and Iraq.
Yes, most likely. Britain can never invade Europe alone, but it'd take more might than the Germans can muster to neutralise both the RAF and RN enough to cross the
English Channel.