That would be the plan...
Is the pinout different from the Japanese unit? I'm assuming they're the same as I read that they were imported and modified before being sold...
They are different, (if you're talking about the French PC-Engine) because for correct SCART cabling, you need 8 pins ( RGB, Sync, Left channel, Right Channel, Ground, 5V or 12V) and the original DIN on the PC-Engine have 5.
And for SCART TVs, most TV switch in RGB mode only if a 3V signal is applied to a pin, so unless you're using a RGB monitor, or have a TV with selectable RGb display, you'll need to add this voltage, and here, a 5 pins DIN cable isn't enough for this, 7 pins is the bare minimum, if you use the shielding to provide ground; but if you replace the DIN socket, you can go right for a 8 pins one...
Of course, considering that you wanna keep stereo; if you go for mono, you can drop to 7 pins without shielding use or even 6 pins... Which is what you have on the Neo Geo, Master System and Megadrive.