"Good morning your Majesty, Gentlemen. The Imperial Japanese Air Force is in good condition overall but is still in the process of upgrading." Jun began.
"There are eight more Interceptor wings that need to complete their upgrading process with some close to finishing. I have shown one Close Air Support squadron with all of the remainder also having seen no progress towards modernising themselves. Once the Interceptors are finished then we shall begin on the Dive bombers. This is likely to take several months to complete as our bombers will be operational the entire time. Over to Minister Osami." concluded Jun.
"Thank you. Good morning your Majesty, Gentlemen." Osami began. "March was a little busier than expected with several engagements between the Imperial Japanese Navy and Allied Navies."

"We lost two Heavy Cruisers, IJN Chokai and IJN Atago, and also sustained some damage to other vessels. The Allies came off worse during the encounters and lost significantly more ships. Losses are as follows:
Japanese Losses
2 x Heavy Cruisers - IJN Chokai and IJN Atago.
Canadian Losses
1 x Aircraft Carrier.
1 x Destroyer Flotilla.
British Losses
1 x Light Cruiser.
American Losses
3 x Aircraft Carriers.
1 x Light Carrier.
4 x Destroyer Divisions.
5 x Transport Divisions.
Eighteen ships or flotillas in all with the United States Navy losing the majority including three modern Carriers. Most of the losses occured around Ceylon as the Allies attempted to invade. CA Division 1 did sink the USS Forrestal in the central Pacific but lost the two Heavy Cruisers in the process. There has still been no sign of the major American Carrier fleet. The Canadian ships were sunk close to Japan which means the Allies do have ships capable of reaching our shorelines."

"The more damaged ships include the Battlecruiser IJN Kongo which was badly hit during its battle with HMCS Warrior. One Light Carrier was damaged by the Canadian Carrier as well with IJN Zuiho being damaged by friendly fire during bad nightime visibility. IJN Yamato was damaged during the battles with the two American Carriers in the Gulf of Mannar. The ships with the yellow dot are damaged but remain operational with their respective fleets. The Carrier IJN Katsuragi should complete its repairs this month and will either remain in Tokyo or move to Colombo as a replacement for any damaged Carriers operating in that region."
"Our two Carrier Groups are currently blockading the Red Sea and undergoing repairs in Colombo. Both Groups contain three Carriers. CA Division 1 is stationed in Truk where it will remain until enemy ships are sighted close to the Carolines."
"BB Division 1 is protecting Ceylon and is currently patrolling the Gulf of Mannar. BC Division 1 is heading back to Tokyo for repairs. CA Division 3 is blockading the Persian Gulf. Our Destroyer fleets are supporting Operation Tedious off the Siberian coast and blockading Vladivostok. Nothing further." concluded Osami.
"Intelligence please."
"Good morning your Majesty, Gentlemen. I have managed to recruit another agent in the United States during March with no successes elsewhere." Kuniaki began.

"No change to Soviet Industrial Capacity and they completed research into a more modern Decrytion device.
Ground forces have reduced by eighteen Infantry and seven Armoured divisions over the last month. The improving weather should see their losses increase during April. I estimate that no more then two thirds of their forces are either actively engaged or close to the front with our troops. The remaining third are most likely guarding the west or the Persian border.
Their Airforce numbers have not changed but there has been an increase of one vessel to their Navy."

"The British have slightly more production lately than usual which points to some increased trade with the United States for Rare Materials. They completed research into a Main Battle Tank and Modern Destroyer.
Ground Forces have not altered much with a slight drop in Infantry and an increase of one Armoured division. Most of the losses in the Middle East were from puppet States and not the main British Army.
The Royal Air Force appears to have lost some Fighter squadrons which could have occured in Baghdad. No change to the numbers for the Royal Navy overall."

"American Industry remains unchanged with three research projects completed. A Strategic Rocket as well as Improved Dive bomber and Air Transport aircraft were the completed research.
Three Infantry were lost and one Armoured division gained. We think we destroyed more than this on Transport ships but some have been replaced.
No noticable change to the United States Air Force with two less Aircraft Carriers according to the numbers. This would mean that they produced one to replace one of the three lost. The United States Navy is still failing to increase its numbers and is not thought to be in sufficient state to reverse the current situation in the Pacific. They do have enough Carriers to support operations but they are expected to be very short of Transport ships especially after losing several in March."

"Our own research continues with no breakthroughs expected for at least another two months. Nothing futher." concluded Kuniaki.
"Our main concern is still the Red Army with the Allies seemingly unable to cause us any major difficulties. I expect the Soviets to be moving backwards before the end of the year and it is up to you Gentlemen to see that this happens." stated the Emperor as he stood and left the meeting.