Tanabata is a Japanese festival celebrated on July 7th, and it originates from a Chinese legend. It commemorates the annual meeting of the star-crossed lovers, deities Orihime and Hikoboshi who are said to be separated by the Milky Way. Legend says they can only meet once a year on the seventh day of the seventh lunar month, and around this time many places across the country hang up decorations or host festivals to celebrate.
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If you're in the Osaka area, the Umeda Tanabata Festival is one such event, and it showcases a variety of decorations on loan from the well-known Sendai Tanabata Festival in Miyagi Prefecture. The decorations will be on display from early June until early August.