As part of the ceremony, Rahman has been invited to the city to give a public lecture on "From the Heart: The World of A R Rahman's Music".
The 49-year-old Oscar-winning composer has been chosen for the honour alongside Philippines' historian Ameth R Ocampo (Academic Prize) and Yasmeen Lari from Pakistan (Arts and Culture Prize) by the secretariat of Fukuoka prize committee.
The annual award, was established by Fukuoka City, Japan, in 1990 with an aim to honour the outstanding work of individuals, groups and organizations working to preserve and promote the unique and diverse culture of Asia.
He is now one of the most sought after composers in India with his brilliant compositions for films like "Bombay", "Dil Se", "Taal", "Lagaan", "Rang De Basanti", "Delhi 6", "Rockstar", "Highway" and "Tamasha".
Also Read
Rahman has carved an impressive career in Hollywood after composing "Jai Ho" for British director Danny Boyle's "Slumdog Millionaire", which earned him two Academy awards and a Golden Globe trophy.
Previous winners from India include distinguished names such as sitar player Ravi Shankar, dancer Padma Subrahmanyam, historian Romila Thapar, sarod maestro Amjad Ali Khan, Ashish Nandy, Partha Chatterjee, Vandana Shiva, Nalini Malini and historian Ramachandra Guha.