The Takarazuka Grand Theater (Japanese: 宝塚大劇場, Hepburn: Takarazuka Daigekijō) is a theater located in Takarazuka, Hyōgo, Japan. It is the home theater of the Takarazuka Revue, an all-female theater troupe established in 1913. The Grand Theater opened in 1924 and was rebuilt in 1993; the two iterations of the structure are occasionally distinguished as the "Old Takarazuka Grand Theater" (Kyū Takarazuka Daigekijō) and the "New Takarazuka Grand Theater" (Shin Takarazuka Daigekijō). The theater is adjacent to Takarazuka Bow Hall (宝塚バウホール, Takarazuka Bauhōru), a smaller theater also operated by the Takarazuka Revue.