Growth, density, survival, and reproduction were examined for the population of the ghost shrimp, Callianassa japonica Ortmann, inhabiting an intertidal sandflat in western Kyushu, Japan, based on samples collected from May, 1989 to April, 1991. During the breeding season (June–October) each year, there were two discrete periods of egg production by females. The post-larval settlement, with a time-lag of 1–1.5 months (brooding plus larval developmental periods), generated two major recruitment cohorts, occurring in July–August (1st cohort) and September–November (2nd cohort). The higher growth rate of individuals after recruitment in the 1st cohort enhanced the separation of the two cohorts. Between sexes, the subsequent life history patterns and population characteristics were, for the most part, similar. In females, the majority of individuals of each of the two cohorts matured after approximately one year, respectively, at around a 20-mm total body length, and a portion of these cohorts survived as a fused cohort until June of the second year, breeding again prior to dying off by the end of September. The pattern of growth was an indeterminate type. For each of the two cohorts, the growth rates changed at two transition points of their life history, at around the beginning of their two breeding seasons. The growth rate for the 1st cohort slowed down at the first transition point, while that for the 2nd cohort speeded up there. This led to the approach and fusion of the two cohorts near the second transition point, when growth stopped. During periods other than the breeding seasons, high survival rates were exhibited by the two cohorts. During the first breeding season, a significantly low survival rate was observed for the 1st cohort, but not for the 2nd cohort. The degree of participation in breeding activity may be responsible for the above differences between cohorts. In the two male cohorts, while the cost of reproduction did not reduce the growth rates during the first breeding season, it lowered their survival rates more severely compared to those of females. This may be responsible for the slightly female-biased sex ratio in the population (1.06:1). The density of the population as a whole was stable throughout the study period, with the mean ± SD being 901 ± 157/m 2 ( n = 27); the adult population declines during the breeding seasons were effectively replenished by recruitment each year.