The 1st Naval Armaments Supplement Programme (マル1計画, 第一次補充計画, Maru 1 Keikaku, Dai-Ichi-Ji Hojū Keikaku), otherwise known as the "Circle One" plan was the first of four expansion plans of the Imperial Japanese Navy between 1930 and the start of World War II.
1st Naval Armaments Supplement Programme Wikipedia
The London Naval Treaty placed severe restrictions on Japan's naval capabilities vis-a-vis the United States Navy and the British Royal Navy in terms of tonnage and numbers of capital warships. The response of the Imperial Japanese Navy General Staff was to initiate a construction program to build new warships to the allotted tonnage limits in each of the restricted categories, and to invest in types of warships and weaponry not specifically covered by the provisions of the treaty.
The "Circle One" plan was submitted by the Naval Ministry and approved by the Cabinet in November 1930, and officially ratified by the Diet of Japan in 1931. It called for the construction of 39 new combat vessels, centering on four of the new Mogami-class cruisers, and expansion of the Imperial Japanese Navy Air Service to 14 Naval Air Groups. Budget for the construction of the warships was on a six-year basis, and the budget for forming the air groups was on a three-year basis. Total funding allotted was 247,080,000 Yen for ship construction and 44,956,000 Yen for naval aviation expansion.
In terms of naval aviation development, the "Circle One" plan also concentrated on the development of new aircraft technologies, especially large seaplanes, land-based bombers, as well as carrier-based attack aircraft and floatplane attack aircraft that could be launched from battleships, cruisers or submarines. Attention was also given to training of pilots and air crews in dive bombing and torpedo tactics.
In a 1932 supplement to the Circle One plan, additional funding was added for the construction of three more vessels: the submarine tender Taigei, and two submarine chasers.