In a magical land far, far away, rife with thousands of neon billboards, karaoke parlors, and noodle bars, Yahoo! reins supreme. So, it was only a matter of time until Japan got their very own Yahoo! phone, given the fact that Yahoo! is the Google of Japan, thanks to a joint venture with SoftBank. While the U.S. is one nation under Google, it’s hard to imagine that an entire nation overseas has taken a different path, and we’ll most likely never see this phone unless Japanese tourists bring it over to flaunt about. Nevertheless, I’d still love to see the Yahoo! phone battle a Nexus S to the death.

According to translated Japanese, the Yahoo! phone is merely a rebranded Sharp “AQUOS PHONE THE PREMIUM SoftBank 009SH” with Android 2.3 Gingerbread, 4-inch qHD display, 8-megapixel camera with CMOS sensor, IEEE 802.11 b/g/n Wi-Fi, Bluetooth 3.0, microSDHC slot, a digital TV tuner, an e-wallet function, infrared communication, and much, much more. Pre-installed Android application such as Yahoo Japan Home, Yahoo Japan Auctions (Japan’s eBay), a calendar, dictionary, Yahoo Loco, and others will be available on the Yahoo! phone as well.

SoftBank is also giving Yahoo! phone owners Yahoo! Japan Premium free for two years, which does away with the $4.50-per-month fee. Additional points can also be racked up with Yahoo! Shopping for every purchase within the next two years.

The Yahoo! phone will be turning Japanese officially late in September.

[via Phandroid]