§ 4 Battleships.
§ Nagato, just completed.
§ Kaga, probable date of completion middle of 1923.
§ Tosa, probable date of completion early in 1923.
§ Mutsu, probable date of completion middle of 1921.
§ Four more battleships are projected, two of which will shortly be commenced.
§ 2 Battle Cruisers.
§ Akagi, probable date of completion end of 1923.
§ Amagi, probable date of completion end of 1923.
§ Six more battle cruisers are projected.
§ It is not known that there are any ships building for Japan outside Japan itself.