The race was first run in 1996 and has held Grade 3 status ever since. The race was run over 1,800 meters at Nakayama Racecourse in 1996, 1998, 1999 and 2000 before being moved to Tokyo Racecourse in 2001 until 2023 and was run over 1,600 meters. The race was permanently moved to Kyoto Racecourse in 2024, and the distance was also increased to 1,900 meters.[2] The schedule was also moved from June to late April, positioned as a preparatory race for the Tokyo Derby in which the winner receives a guaranteed spot for the said race.[3]