An award ceremony has been held every year since 1911. Up to nine of these Prizes are awarded every year. There have been 676 winners and 592 winning works as of 2005. They comprise a certificate, medal, and prize money of one million yen.
The ceremony is held on the premises of the Japan Academy in Ueno park. The Emperor has been visiting it since 1949. The three prizes awarded during the ceremony are:
Yoshinori Fujiyoshi - "Structure Determination of Membrane Proteins based on the Development of an Innovative Cryo-Electron Microscope"
Naomasa Nakai - Study of Active Galactic Nuclei and Super-Massive Black Holes based on VLBI Observations of Water-Vapor Maser Emission
Akira Hasegawa - "Discovery of Optical Soliton Properties in Fibers and of Self-organization of Plasma Turbulence"
Kanji Ohyama - "Gene Content, Organization and Molecular Evolution of Plant Organellar Genomes and Sex Chromosomes —Insights from the Case of the Liverwort Marchantia polymorpha—"
Kenji Kangawa - "Discovery of Novel Bioactive Peptides with Special Reference to Ghrelin"
Yoshiyuki Nagai - "Elucidation of the Molecular Basis of Paramyxovirus Pathogenicity and Generation of a Novel Class of Expression Vector"
2007 (97th)
Senzô Hidemura - Agriculture and Society at the Last Stage of Satsuma Feudal Fief —A Study of Moriya Family, a Rural Warrior in Kōyama-Gō—
Shizuo Akira -Pathogen Recognition by Innate Immunity and its Signaling
Asahiko Taira - Accretion Tectonics and Evolution of the Japan Islands
Shinji Kawaji - Experimental Studies of Two-Dimensional Electron Systems"
Hisashi Yamamoto and Kohei Tamao - Exploitation of Chemical and Physical Properties of Main-group Element Compounds based on Flexibility for High Coordination (Joint Research)
Hiroshi Kida for "Studies on Control of Influenza — Mechanism of Emergence of Pandemic Influenza Virus Strains in Poultry, Domestic Animals and Humans, and Molecular Basis of the Neutralization of Viral Infectivity with Antibodies"
Yukihiko Kitamura for "Development and Malignant Transformation of Mast Cells and Interstitial Cells of Cajal through KIT Receptors"
Takanori Okoshi - "Research on Coherent Optical Fiber Communications"
Toshiro Kinoshita - "Genetical Studies on the Interaction between Cytoplasmic and Nuclear Genomes, and the Application of These Studies to Actual Crop Breeding"
Hajime Yamamoto - "Use of Lasers for Caries Prevention and Other Applications in Dentistry"