Physalis alkekengi (bladder cherry, Chinese lantern,

Physalis alkekengi (bladder cherry, Chinese lantern,^[2] Japanese-lantern,^[3] strawberry groundcherry,^[4] or winter cherry;^[2]) is a relative of P. peruviana (Cape gooseberry). It is easily identifiable by the large, bright orange to red papery covering over its fruit, which resembles paper lanterns.

In Japan, its seeds are used as part of the Bon Festival as offerings to guide the souls of the deceased. Also, an annual market is dedicated to the flower called hōzuki-ichi, which occurs in Asakusa around Sensō-ji every year on July 9 and 10. This photo from wiki.