The station building was opened in April 1914. The name of the station, Tako Jizo, is the common name of the Tenseiji Temple, located about 500 meters west of the station. It is said that when a revolt broke out at Kishiwada Castle, a large priest (an incarnation of Jizo) and thousands of octopuses saved the castle. Some of the pillars of the Takojizo station house are made from old rails manufactured by the Carnegie Steel Company in the USA, and rails from the founding of the Nankai Railway in 1897 are also used.