Eruption records in the terrestrial stratigraphy are often incomplete due to erosion after tephra deposition, limited exposure and lack of precise dating owing to discontinuity of strata. A lake system and sequence adjacent to active volcanoes can record various volcanic events such as explosive eruptions and subaqueous density flows being extensions of eruption triggered and secondary triggered lahars. A lacustrine environment can constrain precise ages of such events because of constant and continuous background sedimentation. A total of 71 subaqueous density flow deposits in a 28 m long core from Lake Inawashiro-ko reveals missing terrestrial volcanic activity at Adatara and Bandai volcanoes during the past 50 kyr. Sedimentary facies, colour, grain size, petrography, clay mineralogy, micro X-ray fluorescence analysis and chemistry of included glass shards characterize the flow event deposits and clarify their origin: (i) clay-rich grey hyperpycnites, extended from subaerial cohesive lahars at Adatara volcano, with sulphide/sulphate minerals and high sulphur content which point to a source from hydrothermally altered material ejected by phreatic eruptions; and (ii) clay-rich brown density flow deposits, induced by magmatic hydrothermal eruptions and associated edifice collapse at Bandai volcano, with the common presence of fresh juvenile glass shards and low-grade hydrothermally altered minerals; whereas (iii) non-volcanic turbidites are limited to the oldest large slope failure and the 2011 Tohoku-oki earthquake events. The high-resolution chronology of volcanic activity during the last 50 kyr expressed by lacustrine event deposits shows that phreatic eruption frequency at Adatara has roughly tripled and explosive eruptions at Bandai have increased by ca 50%. These results challenge hikers, ski-fields and downstream communities to re-evaluate the increased volcanic risks from more frequent eruptions and far-reaching lahars, and demonstrate the utility of lahar and lacustrine volcanic density flow deposits to unravel missing terrestrial eruption records, otherwise the recurrence rate may be underestimated at many volcanoes.