Netflix (NASDAQ:NFLX) is in the middle of a major worldwide expansion. By the end of 2016 the company wants to be in 200 countries, up from about 50 right now. We've known since the beginning of this year that Netflix would bring its content services to Japan, and Netflix said last week that the launch date will come in just a few weeks.

Fast Internet speeds and high video content consumption make Japan a key market for Netflix, but there are other upsides as well. Click through the slideshow below to find out more about Netflix's move into Japan and how the company might benefit.

Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Netflix. The Motley Fool owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.