So the US needed the honking big R-2800 to get an engine in the 2000hp class, using 100/130 fuel. So with Japan having lower octane fuel (91, or what was their standard fuel?), they'd need an even bigger and honkier engine to make up for the lack of high octane fuel. Say, adding 20% displacement to the R-2800 works out to about 55L. Now due to not being able to boost as high as the US engine, they can get away with somewhat lighter construction so the weight penalty could be lower than you'd get by just scaling up the R-2800? Though frontal area would still be bigger than the equally powerful R-2800. Could it still be good enough to power a competitive heavy fighter?Yes, that's the very foundation of the thread. Japan pursues a 2000hp engine.
(Yes, the Homare went in the other direction, but given the reported issues with it, unclear whether even a massive program could have resulted in a reliable Homare in 1941.)