Tsukishima Kusaichi is held in Obon in Tokyo. It was used to be a market for selling Obon Items. Obon is a religious event in Summer. In the middle of summer, Japanese people believe that all their ancestors come back home from the hell and stay with their family. This is called Obon. Mostly, Obon is held in the middle of August, but in Tokyo, it is held in July.

Tsukishima Kusaichi today is more like just a summer Matsuri for fun. There are about 150 shops opens in Nishinaka Street.

Because most of the shops opens by local people, there are many kinds of shops to enjoy.