Sendai coach Graham Arnold has publicly stated his desire to bring to the club the player he unearthed during his time at the helm of Central Coast Mariners - a move backed by Socceroos coach Ange Postecoglou, who wants his best players getting regular game time.
Since joining Celtic last year, Rogic has struggled to make an impact, his progress hampered by a calf injury towards the end of 2013.
After a prolonged period of reluctance, Celtic coach Neil Lennon has agreed to send Rogic out on loan, according to Scottish media reports.
But the deal is far from complete, with sources close to the Japanese club confirming any arrangement needs to be signed off by its sporting director.
Rogic has made just 14 appearances for Celtic, and only five in the starting line-up. He last played for Celtic as a substitute in its UEFA Champions League match against AC Milan on 26 November, with Lennon conceding he was having difficulty finding a place on his bench for the 21 year-old.
"There is interest from Graham Arnold's team in Japan. We have agreed to do that (loan him)," Lennon told Glasgow's Evening Times newspaper.
Lennon was confident Rogic would return to Parkhead better placed to challenge for a starting place.
"I can't guarantee Tom game in, game out. And I think that's what he needs at the minute," Lennon said.
"He has only had 31 professional games in his career so some people are expecting him to run before he can walk.
"Kris Commons is playing so well in that position, and I have other options in that position as well.
"It will be good for Tom to go and get some football."
Rogic, capped eight times for Australia, is considered a key part of Postecoglou's rebuild of the Socceroos entering the 2014 FIFA World Cup, where the Socceroos play Chile, Netherlands and Spain.