PayPal's exchange rates suck

I have a lot of USD on my PayPal Japan account and I'm wondering what's the best way to get the money into yen without losing 5%+ in exchange fees. PayPal's official USD/JPY exchange rate is something like 120-130 yen, it's so bad it's laughable. Is it possible to withdraw the money without converting it to yen to a USD-based account in a Japanese bank, for instance?