The Shinchōsha Literary Prize is a prestigious Japanese literary award established in 1955. It is awarded annually to recognize outstanding works of fiction, particularly novels, published in Japan. The prize aims to promote new and emerging authors, encouraging creativity and innovation in Japanese literature. The award is sponsored by Shinchōsha, a well-known publishing company in Japan. Winning the Shinchōsha Literary Prize not only provides authors with financial rewards but also significantly boosts their visibility and credibility in the literary world. This recognition often leads to increased readership and further publishing opportunities for the winners.