楽しみ (tanoshimi) means “looking forward to ___, something to look forward to”

More examples

夏休みが楽しみです。natsu yasu mi ga tano shi mi de su

I look forward to summer vacation.

友達と行く旅行を楽しみにしています。tomo dachi to i ku ryo kō o tano shi mi ni shi te i ma su

I am looking forward to the trip with my friends.

It describes the pleasant feeling that arises when a future event is expected and eagerly awaited.

将来の出来事を期待しながら待つ気持ち。shō rai no de ki goto o ki tai shi na ga ra ma tsu ki mo chi

楽しみ (tanoshimi, "anticipation or pleasure") is the noun form of the native verb 楽しむ (tanoshimu, "to enjoy"), created from its verb stem.

Japanese can make a future event the subject of 楽しみ (tanoshimi), as in 旅行が楽しみです (Ryokō ga tanoshimi desu), which presents the trip as eagerly anticipated.