上演
じょうえん · jouen · JLPT N1 · noun
performance
上 — horizontal line above a baseline
上 is an indicative character (指事): a short stroke placed above a longer reference line shows the concept of 'above' or 'up'. The earliest oracle-bone forms used two horizontal lines for this; the modern shape added a vertical stroke for clarity. The core meaning of 'upper, above, to ascend' has stayed stable for millennia.
演 — water 氵 + 寅 (yín, phonetic)
演 is a semantic-phonetic compound: the water radical 氵 gives the meaning, originally referring to water flowing far and spreading out, while 寅 supplies the sound. From 'water extending' it broadened to 'develop, elaborate, perform,' as in unfolding a story or acting out a play.