The sinking of Shoho took only a total of 15 minutes.
The sinking of Shoho set the fastest record in the entire World War II that carriers were sunk. Shoho was also the first large warship the Japanese lost.
The sinking of Shoho made Japanese landing troops lose the indispensable cover. Transport ships full of Japanese soldiers had to return to the base and the Japanese's plan to attack on Port Moresby ended in failure.