A recent Nobel laureate in Literature has released a new work that is set in Kyoto, renowned for its rich cultural heritage. This highly-anticipated piece is making waves due to its beautifully wrought depiction of one of Japan's most historic cities. The release date and the work's impact on both local and international literary scenes have yet to be fully assessed.

This news is noteworthy in Japan as it not only brings international attention to Japanese literature but also to the city of Kyoto. The location plays an important role in the narrative since Kyoto is a city known for its history, culture, and arts. It resonates with Japanese societal values of pride in their cultural heritage and the importance of the arts.

In the US or EU, a literature piece by a Nobel laureate would indeed garner substantial attention. The setting of the story, if culturally significant, would also be recognized – much like how a story set in Paris or New York might spark interest due to the cities' distinctive cultural and historical prominence.