On 4 November 2017, Cerezo won the 2017 J.League Cup, the first major title in their club history, defeating Kawasaki Frontale 2–0.

The final match was against Yokohama F. Marinos, where Cerezo won 2–1 in extra time with Kota Mizunuma scoring the winner.

In 2022, the club got close to winning the J.League Cup for their second title, but blew a 1–0 lead to Sanfrecce Hiroshima in injury time after Hiroshima player Pieros Sotiriou scored two goals in the 96th and 101st minutes of the match to give the opponent the J.League Cup.

On 1 February 2023, Cerezo signed former Borussia Dortmund and Manchester United player, Shinji Kagawa on a two-years contract.

As both Yanmar Diesel (1957–1993) and Cerezo Osaka (1993–present) Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

[9] [10] In the manga series Captain Tsubasa, a character named Teppei Kisugi becomes a professional football player and joins Cerezo Osaka.