Yes it is a spin to just compare 118k to 320k without considering any context.
Yes it is a wrong assumption to say it isn't prioritizing the Japan market very highly when you don't have numbers from any other place at all. When you have the numbers, and compare to total sale of PS4 on those countries, plus how good did MS on first week on those countries and compare and see that Japan got shafted then you can make your conclusion. Sony isn't going to produce over 1M consoles in 1 week, so the consoles for the launch in other countries would enter in the count as well.
You say it doesn't make sense to line it up directly, but then that is exactly what you done.
Have no idea what your "Add to phrasebook" is supposed to mean though.