I think Japan only does that for weird legacy reasons- freight and slower passenger trains run on 1067 mm gauge tracks, while the Shinkansen network is standard (1435 mm) gauge.
I don't think so. There's simply too much traffic on the shinkansen lines to be able to mix slower and/or freight trains on the same lines. On the Tokaido line between Tokyo and Osaka, trains run every 7 minutes (IIRC); you can't have a freight train sharing a track with a bullet train service that has trains that close together.