Referred to by Miho Toda as the "Academy Awards of the Pink Film",[1][2][3] the ceremony attracts a diverse audience of industry personnel, film scholars and the general public.
[4] PG, a magazine focusing on the genre, hosts the Pink Grand Prix in April of each year as a review of pink films released the previous year.
[5] The top ten films are selected by a readers' poll, and the top five films are screened during the evening of the ceremony held at the Kameari-za theater in Aoto, Tokyo until its closing in 1999, and at the Shinbungeiza theater thereafter.
[4][6] PG magazine was founded by Yoshiyuki Hayashida in July 1994.
[7] The magazine was preceded by the limited-circulation New Zoom-up, which Hayashida started in 1989, and which held the first Pink Grand Prix awards beginning that year, covering films released in 1988.