Fully concur and agree that the PH raid wasn't really necessary to achieve what the Japanese needed to survive as an Empire, but they had to take and hold the Dutch East Indies and Malaya , and to do this they had to take Singapore, Hong Kong and the Philippines. If they had restricted their expansion efforts to this, they'd have the power to blockade Australia and NZ and then possibly defeat the aged USN counterattacking fleet in the one Armageddon naval battle the Japanese Navy dreamed of.Cutting off Australia by naval blockade was feasible in 1942. Less so in 1943. Had the full might of Japanese naval power been at Coral Sea or Guadalcanal instead of been sunk at Midway then different story.