How about Hitler takes Western Europe, but stays away from Italy (as an ally), England and the US while sticking to the Mien Kampt scenario. Japan could be given the conquered European countries' colonies in the East for oil and other resources in return for a second Soviet front...
Germany couldn't deliver those colonies neither it could deny them. Why would Japanese agree such a deal? Look what happened in the Dutch East India, the main target of Japanese Southern expansion in 41-42, Japanese had to conquer it.
Juha