First Carrier Division
Additional campaigns in which the 5th Carrier Division took part included the Battle of the Coral Sea and the Indian Ocean raid of 1942. The division experienced success with its aircraft sinking one British carrier and two British cruisers, as well as the American carrier the USS "Lexington". During the Coral Sea battle, "Shōkaku" was damaged and needed extensive repairs, and both carriers' aviation units took heavy losses, taking the division out of action for several months. As a result, the division was not present at the Battle of Midway. After the Japanese defeat at Midway, "Shōkaku" and "Zuikaku", along with light carrier "Zuihō", were redesignated as the First Carrier Division and the Fifth Carrier Division was permanently dissolved.