I think the general consensus is no.

Germany, contrary to popular belief, lacked the resources for a drawn out war. It's best hope was for a negotiate peace but even that would not have given it control over the resources it would need to accomplish its goals later on.

The same is true of the Japanese. While they did actually capture all of the raw materials they could need they utterly lacked the industrial capacity to realize their goals. By 1943, the US arms industry was producing 6.5 tones of supplies for each solider deployed in the Pacific theatre, the Japanese were only producing a little under 100lbs. Over the course of the entire war the Japanese armaments industry barely out produced Italy. It was doomed from the start.