Anyway back to the topic
If Japan got more allowance with the treaty (ie 70 instead of 60%) thats 52,000 tons more - it is worth noting the tapping was a major US win as you can see by the difference it makes to the at start forces.
1920's
The followings are near certainties no one is going to build new ships when these were all partially complete.
- Tosa and Kaga would be completed .
- Amagi and Akagi would be completed as Carriers.
Japan has 65K left then
Tosa and Kaga would need to loose about 3500 tons each to fit in 35000 ton limit ( Smaller torpedo bulges ,no casements could account for most of this you could also run less machinary)
You then have 2 options
- Drop a Kongo class ship to training ship and have 25K tons spare.
OR
- shave 5K tons of your other ships or more of the Tosa and Kaga
With regard to carriers
At the time of the treaty you have 9000 tons more a total of 89000 as carriers. So this would be the 2 Akagi class ( 2 * 26.9K) , leaving 35K.
Historically Amagi is destroyed by earthquake so the tonage needs to be replaced since you cant pinch the Kaga.
After Hosho the
Ryujo would not be built instead it is anyones guess ( anyone seen any IJ CV designs for the 20s) but they have 35200 tons or 62100 tons after the earthquake. It is likely these ships were built consecutively based on earlier experience.
As an example
10K enlarged Ryujo 1921
14K the second in 1924
2*19K in 27 and 29 .
1930's , the building of ships in the 20s results in Japans shipyards being in better condition.
With battleships it is pretty much as Historical however with 2 more ships in the line better able to deal with US ships the lack of a good Battle cruiser/ fast BB becomes apparent and will probably precede the Yamatos especially after the cancelled Number 13 class fast Battleships. Note Historically the specification for the Yamatos were 30+ knots.
The other thing to keep in mind is refits ..152,000shp cruiser sized power plants become available in the mid-late 30's the Kongos were refitted but other ships can be as well. Many of the refits can remove the poor firing arc Turrents which allong with cheap cruiser 152,000shp propulsion allow on the cheap Battle Cruiser (8 *14" (4*2) ,33Knots) . Diesel engines can also reduce bunkerage and be combined with Turbines.
I have plotted every Japanese Capital ship on the slips and there is no real issue worst case you can kick an Aux or liner of the slip . When they needed more slips they just built one and the time to expand the dry dock to the Yamato class they could build another slip. ( they built quite a few in 43-44) . It is also worth noting that some ships were off the slips much quicker than others (eg Susuka vs rest of her class). I count 5 35K capable slipways and another 7 for ships of around 10K tons.
I would just trade tonnage for tonnage . They built 3 * 72K tons + 0.3 * 72K + 10K (support ships) . Which is 247K tons of ships and i would add they were also rushed , required LOTS of difficult to make plate , expanded yards and a lot of experimentation for a new 18" gun. About 165K of this was ready at the start of the war and the rest later. Excluding the extras this would buy you 15 Soryus ( but not the aircraft ! )

You cant beat this for impact but its not realistic due to Battleship doctrine
Here is a likely one
60K Building 2 Cheap Battle Cruisers
47K equivalent rebuilding more existing ships with better deck armour , plant and AA.
90K building 2 Fast Battle ships
50K build another 2 Shokaku class
pick 80K tons which is still under construction at war start , so probably the fast battleships have just started.