If you avoid the Great War, then Japan's economic depression following the war is averted; so is their failed attempt to
vassalize China believing the Great Powers preoccupied. The Twenty-one Demands severely hurt Japan's image internationally.
No Great War may also alleviate the Great Depression which REALLY helped to radicalize Japan. Poor economics always leads to desperation. With no Great War, free trade and investment continues into the 20s further tying the international markets together likely making it harder to put up trade walls. Likewise, a major issue were all the loans taken out to pay for WWI: loans to Germany to pay reparations which were needed to pay loans France owed to the US. You can see how THAT cascaded. Russia would still be part of the world market. The US would also be better off as their factories wouldn't still be churning out max product with no buyers after the war, not destroying topsoil because of international agricultural needs averting the Dust Bowl. The Spanish Flu may also be averted depending on what origin you accept allowing tens of millions to contribute to the economy.
There is still the 1923 earthquake which caused a great deal of damage, but perhaps Europe and the US sends aid.