Does Japan watch subbed American shows like Americans watch subbed Japanese shows?

Question:

Like any shows really. We see plenty of english subbed anime. I was curious as to if Japan has Japanese-subbed American shows.

Answer:

We can enjoy American movies on TV with Japanese subtitles almost every week. But American TV shows are rarely broadcast here in Japan.
Probably, they don't make any sense to Japanese audience at all due to our cultural difference.
I think many of our Japanese "variety shows" would not make any sense either in your country for the same reason.