The Naoki Prize (Naoki Sanjugo sho), a semiannual literary award given to up-and-coming authors for popular fiction, was founded in 1935 in honor of author Naoki Sanjugo. Kikuchi Kan, editor of Bungei shunju (Literary Chronicle) magazine, created the award concurrently with the Akutagawa Ryunosuke Prize. The award is sponsored by the Association for the Promotion of Japanese Literature and is given twice per year. The winner receives a watch and one million yen. Notable recipients include Yamada Eimi and Inoue Hisashi.
Historical dictionary of modern Japanese literature and theater. J. Scott Miller. 2009.