A film, treasured as a national asset in Japan, has garnered international acclaim with two nominations at the esteemed Academy Awards. The movie, yet unnamed, has made waves not only domestically but across the globe, marking a significant milestone in Japan's film industry. Details about the nominations and categories are yet to be released.

Film and the arts are a significant part of Japan's cultural heritage. Come awards season, it's not unusual to see domestic films becoming national favorites, with many rooting for international recognition. This particular nomination reflects an appreciation of Japanese cinema on the global stage and showcases their excellence in filmmaking.

Matching the situation to the US or EU, domestic films often generate huge support, and stand for their representation in prestigious international awards like the Academy Awards. However, it's significant to remember that foreign film nominations at these awards often highlight the universal nature of cinema and the importance of diverse cultural representation in global entertainment.