I don't see any reason that it shouldn't work. I would be more concerned about if it works in the source you are plugging it into. But, since you are alluding to this cable as being Japanese make, I should think it would be fine. If it were of Chinese make I would be concerned whether it were CTIA or OMTP (CTIA being international standard, and OMTP being mainly Chinese standard; basically the ground ring is swapped). It won't actually hurt anything, one way or the other. It will just not play properly if it doesn't.
Having said that and if it is the proper protocol (wiring), you should be able to plug it in with no headphones at all, and be able to use the mic. Otherwise it is just a standard SE cable and should work just fine to supply sound to the headphones.