Of the three different possible futures presented in Godzilla vs. King Ghidorah, the first one, the one the Futurians are actually from, is something we're never actually shown, as by the time the film begins the first divergence point - the appearance of a UFO over Tokyo - is already happening. Everything from the previous three films in the timeline still happens in the whole VS-1 timeline, but the future of it is never actually depicted in the films. Instead, the only glimpses of 2204 we get are from the VS-2 timeline, after Godzilla has been revived and Emmy time travels to the new future. But the events of this timeline are important because they establish everything that happens in the other two branches of the VS continuity subfamily. Without the future of this timeline, the events of Godzilla vs. King Ghidorah would never have happened.

One big question I have about the timeline I'd love to see explored more than anything is... what happened to Ghidorah? The film shows us that teleporting the dinosaur was what created the 3rd generation Godzilla, and so therefore time works in the correct order despite the best efforts of humans, cause comes before effect. So that means that the Futurian clone Ghidorah was also created in 1954, right? This leaves the question of it was doing for 48 years, but in this timeline we have the even more pressing question of what the hell happened to it at all? The Futurians surely never learned about its existence, right? Because if they knew that then they would have realized trying to replace Godzilla with Ghidorah wouldn't work because they knew their Ghidorah already existed in a timeline with Godzilla in their history... right? So was it never encountered by humans? How? Did it just... leave? Did it die? I have praised this movie for its use of time travel in its plot but this is the one thing that I just leaves me scratching my head. Omori was a great writer, but he had his flaws just like anyone, and this weird dangling question is an example of the kind of thing that maybe wouldn't have been left if he had 4 years to work on the script like he did for Biollante.

Key

Superscript = These are the number of the film in the series where the information comes from, with 1 being Godzilla, 2 being Godzilla Raids Again, etc. Additional superscripts will indicate supplementary sources not present in the films themselves, which will be explained at the bottom of the page.

251,939,051bce to 1991ce

1992

July 4th - The Teiyo Group, a large Japanese corporation birthed from the post-war economic miracle, at this point in time is so large it even harbors para-military submarines in Southeast Asian waters. Its founder, Yasuaki Shindo, is interviewed by the writer Kenichiro Terasawa on his experiences during World War II with the dinosaur he believes became Godzilla.18
August to December - The book is published as The Birth of Godzilla, which makes the assumption there is only a single Godzilla that was the result of the mutation of the Godzillasaurus on Lagos Island from the Castle Bravo test on Bikini Atoll. The book isn't very successful, likely owing to Godzilla's death due to the infection with A.N.E.B. later in the year.18

2001-2100

The destablization of the cold war conflicts in the aftermath of Godzilla and A.N.E.B. eventually result in the complete banning and dismantling of all nuclear weapons. Japan's wealth continues growing, surpassing the US as the richest nation on Earth. New technologies develop, such as 3D holographic image broadcasting. The United Nations gives way to a new international body, the Earth Union Organization. African and South American countries lag behind even more drastically, and Japan begins to become a kind of financially colonial hyperpower, buying both continents. This creates conflict between the new "second empire" of Japan and the EUO, but because of Japan's financial dominance and the lack of any war technology capable of competing, there's nothing much it can do.18

2101-2200

The US, USSR, and China are no longer superpowers, having been eclipsed by Japan. During this century, time machines are invented that can travel both forwards and backwards in time.18

2201-2204

The Teiyo Group is now the largest megacorp on the planet. A political called the Equal Environmentalists of Earth arises opposed to Japan's monopoly over the planet. A discovery is made of the corpse of the huge monster King Ghidorah on Venus. Tissue taken from the monster is used in developing genetically engineered designer pets called "Dorats."18, 181

2204

Three members of the E3, Wilson, Glenchico, and Emmy Kano, steal the time machine MOTHER, with the secondary time ship KIDS on board, aided by the androids M101, M101, and M11. They bring with them three Dorats, and plan to go back in time to 1992, pick up key individuals who can help confirm the hypothesis that Godzilla is the mutated Lagos Island dinosaur, and teleport him to the Bering Sea under a ruse of erasing him from history because in the future Godzilla renders the island nation uninhabitable and Japan as a country ceases to exist. The true intent however is to put the three Dorats on the island in an attempt to recreate King Ghidorah, so that they will have a monster they can control and use to prevent Japan from becoming the hyperpower it is in the present. Emmy's understanding of the mission seems unclear, given that she's complicit in the creation of the new King Ghidorah, but she seems to believe that the monster will only be used as a warning or threat.18, 181

Sources

18 - Godzilla vs. King Ghidorah. The information we're given about the future of the timeline Emmy comes is given here, but there are never any exact dates, the Futurians only place things by century. I'm assuming that Ghidorah is discovered (see below) in 2204 based on the fact that it was meant to be the original cold open, but that doesn't give a whole lot of time for the development and popularization of the Dorats, so idunno. The comment about the nuclear ban being the result of the destabilizing cold war is conjectural, but supported by like, using your brain. Regardless of why the USSR didn't dissolve, a post-Godzilla and post-A.N.E.B. world will force the nuclear powers to show their true colors. In the other timelines Godzilla's continued existence complicates things, but here, here Godzilla is nothing more than a specimen and Dr. Shiragami wasn't the only one that knew how to make the bacteria, do you really think that battle is over? Additionally, my understanding of the bubble from the Showa 60's isn't the best because I'm not an economist, but I don't see how being the only nation on the planet to develop the level of technology needed to fight Godzilla would hurt the economy. So the cold war is still happening with a new major wrench thrown into the equation, and the richest nation on Earth has access to all of the best technology for fighting nuclear powered aggressors... and Emmy tells us that nuclear weapons are banned in the 21st century. These things are not coincidences. Therefore the assumption is that the cold war continued because of A.N.E.B., but Japan became the third major player since they could effectively neutralize any nuclear power, and this stalemate resulted in the ban. A.N.E.B. was then probably used in the subsequent destruction of nuclear weapons, and it's probably a well established part of the Earth's biosphere by the 23rd century, because you'd think illegal nuclear weapons would be a hell of a lot easier to make than time travel clone monsters, right? So there must be a reason that nuclear weapons not only no longer exist, but can't exist in the E3's time.

181 - An earlier draft of the film had the cold open be the discovery of King Ghidorah's body on Venus, this being the original, 1st generation monster, rather than the body of the new King Ghidorah in the Sea of Okhotsk. The story behind this being cut seems to be that Omori originally wanted aliens to be the villains, but Shogo Tomiyama didn't think it sounded believable... y'know, as oppossed to time travel and giant radioactive monsters. Sure. So this opening scene was written in instead, but it still wasn't good enough for Tomiyama I guess. How a mere mortal man is capable of the level of cognitive dissonance required to say aliens are too unbelievable for a time travel monster movie, I don't know, but that's what's written in the runes. Regardless, a draft that still had this scene was used as the basis for the novelization. While it's not unreasonable to assume that Dorats could have been created from scratch, the lack of any connection to the original King Ghidorah in a film that draws an explicit branching timeline connection to the previous Godzilla continuity, it sticks out like a sore thumb and needs to be addressed. The fact that the 1st generation King Ghidorah is dead in this timeline actually means the VS continuity subfamily diverged earlier than the Futurian time meddling in 1944, which has the interesting effect of creating several possible "ghost timelines" we never see in the films. For example, if Ghidorah died in the past, but the Futurians never time meddled, we still get the second Godzilla in 1955, but Ghidorah never shows up 10 years after, and since Ghidorah is the key to Godzilla's character arc... what happens then? Or what about the other way around, where the Lagos Godzillasaurus is teleported, but King Ghidorah never dies on Venus and still appears in 1965? How do people deal with that?