Name. Takoyaki, also known as takoyaki balls, is a national snack that has become a household name in Japan and has become one of the emerging foods in various regions, and it is through borrowing the name from China that takoyaki came to be. Takoyaki is a Japanese folk a long time passed down the flavor of the snack, takoyaki is said to be the first out of Osaka takoyaki balls franchise store Aizuya founder Endo Ruyoshi hands.