Osaka, is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe. Located at the mouth of the Yodo River on Osaka Bay, Osaka is the third largest city by population after Tokyo (special wards) and Yokohama.
Keihanshin is the second largest area in Japan by population and one of the largest metropolitan areas highly ranked in the world, with nearly 18 million people, and by GDP the second largest area in Japan and the seventh largest area in the world.
Historically the commercial centre of Japan, Osaka functions as one of the command centers for the Japanese economy. The ratio between daytime and night time population is 141%, the highest in Japan, highlighting its status as an economic center. Its nighttime population is 2.6 million, the third in the country, but in daytime the population surges to 3.7 million, second only after Tokyo (combining the Special wards of Tokyo, which is not a single incorporated city, for statistical purposes. See the Tokyo article for more information on the definition and makeup of Tokyo.) Osaka used to be referred to as the "nation's kitchen" (天下の台所 tenka no daidokoro?) in feudal Edo period because it was the centre of trading for rice, creating the first modern futures exchange market in the world.
Hanshin Industrial Region
The gross city product of Osaka in fiscal year 2004 was ¥21.3 trillion, an increase of 1.2% over the previous year. The figure accounts for about 55% of the total output in the Osaka Prefecture and 26.5% in the Kinki region. In 2004, commerce, services, and manufacturing have been the three major industries, accounting for 30%, 26%, and 11% of the total, respectively. The per capita income in the city was about ¥3.3 million, 10% higher than that of the Osaka Prefecture. MasterCard Worldwide reported that Osaka ranks 19th among the world's leading cities and plays an important role in the global economy.
The GDP in the greater Osaka area (Osaka and Kobe) is $341 billion. Osaka, along with Paris and London, has one of the most productive hinterlands in the world.
Historically, Osaka was the center of commerce in Japan, especially in the middle and pre-modern ages. Nomura Securities, the first brokerage firm in Japan, was founded in the city in 1925, and Osaka still houses a leading futures exchange. Many major companies have since moved their main offices to Tokyo. However, several major companies, such as Panasonic, Sharp, and Sanyo, are still headquartered in Osaka. Recently, the city began a program, headed by mayor Junichi Seki, to attract domestic and foreign investment.
The Osaka Securities Exchange, specializing in derivatives such as Nikkei 225 futures, is based in Osaka. The merger with JASDAQ will help the Osaka Securities Exchange become the largest exchange in Japan for start-up companies.
According to a U.S. study, Osaka is the second most expensive city for expatriate employees in the world and in Japan behind Tokyo. It jumped up nine places from 11th place in 2008. Osaka was the 8th most expensive city in 2007.
Entertainment and performing arts
Osaka is home to the National Bunraku Theatre, where traditional puppet plays, bunraku, are performed.
At Osaka Shouchiku-za, close to Namba station, kabuki can be enjoyed as well as manzai. Nearby is the Shin-kabuki-za, where enka concerts and Japanese dramas are performed.
Yoshimoto, a Japanese entertainment conglomarate operates two halls in the city for manzai and other comedy shows: the Namba Grand Kagetsu and the Kyōbashi Kagetsu halls.
The Hanjō-tei opened in 2006, dedicated to rakugo. The theatre is in the Temmangū area.
Umeda Arts Theater opened in 2005 after relocating from its former 46-year-old Umeda Koma Theater. The theater has a main hall with 1,905 seats and a smaller theater-drama hall with 898 seats. Umeda Arts Theatre stages various type of performances including musicals, music concerts, dramas, rakugo, and others.
The Symphony Hall, built in 1982, is the first hall in Japan designed specially for classical music concerts. The Hall was opened with a concert by the Osaka Philharmonic Orchestra, which is based in the city. Orchestras such as the Berlin Philharmonic and Vienna Philharmonic have played here during their world tours as well.
Osaka-jō Hall is a multi-purpose arena in Osaka-jō park with a capacity for up to 16,000 people. The hall has hosted numerous events and concerts including both Japanese and international artists.
Near City Hall in Nakanoshima, is Osaka Central Public Hall, a Neo-Renaissance-style building first opened in 1918. Re-opened in 2002 after major restoration, it serves as a multi-purpose rental facility for citizen events.
The Osaka Shiki Theatre is one of the nine private halls operated nationwide by the Shiki Theatre, staging straight plays and musicals.
Festival Hall was a hall hosting various performances including noh, kyogen, kabuki, ballets as well as classic concerts. The Bolshoi Ballet and the Philharmonia are among the many that were welcomed on stage in the past. The hall has closed at the end of 2008, planned to re-open in 2013 in a new facility.
Annual festivals
One of the most famous festivals held in Osaka, the Tenjin-matsuri is held on July 24 and 25. Other festivals in Osaka include the Aizen-matsuri, Shōryō-e and Tōka-Ebisu. Furthermore, Osaka annually hosts the Kansai International Film Festival.
Sports
The Osaka Dome hosts home games of Orix Buffaloes and Hanshin Tigers
Osaka hosts four professional sport teams: one of them is the Orix Buffaloes, a Nippon Professional Baseball team, playing its home games at Kyocera Dome Osaka. Another baseball team, the Hanshin Tigers, although based in Nishinomiya, Hyōgo, plays a part of its home games in Kyocera Dome Osaka as well, when their homeground Kōshien Stadium is occupied with the annual National High School Baseball Championship games during summer season. There are two J.League clubs, Gamba Osaka, plays its home games at Osaka Expo '70 Stadium. Another club Cerezo Osaka, plays its home games at Nagai Stadium. The city is home to Osaka Evessa, a basketball team that plays in the bj league. Evessa has won the first three championships of the league since its establishment. Kintetsu Liners, a rugby union team, play in the Top League. After winning promotion in 2008-09, they will again remain in the competition for the 2009-10 season. Their base is the Hanazono Rugby Stadium.
The Sangatsubasho (三月場所 sangatsu basho, literally March ring), one of the six regular tournaments of professional Sumo is held annually in Osaka at Osaka Prefectural Gymnasium.
Another major annual sporting event that takes place is Osaka is Osaka International Ladies Marathon. Held usually at the end of January every year, the 42.195 km race starts from Nagai Stadium, runs through Nakanoshima, Midōsuji and Osaka castle park, and returns to the stadium. Another yearly event held at Nagai Stadium is the Osaka Gran Prix Athletics games operated by the International Association of Athletics Federations (IAAF) in May. The Osaka GP is the only IAAF games annually held in Japan.
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