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Living in Kansai is a great advantage for cheap airlines.  Taking a flight may be one half, or even one third of the price of a Shinkansen ticket.

Here are the top 3 airlines in order of cheap tickets.  Check here before JAL or ANA:

Peach Airlines  -  Based out of Kansai Airport in Osaka, runs a sale almost every month!!
http://www.flypeach.com/home.aspx

Skymark  -  Based out of Kobe airport, reduced fares on tickets, the sooner you buy the cheaper it gets!!
http://www.skymark.co.jp/en/

Jetstar  -  Can be cheap based on route and timing
http://booknow.jetstar.com/Select.aspx

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