Studio Ghibli receives Honorary Palme d'Or at Cannes Film Festival

Studio Ghibli has received the Honorary Palme d'Or at the Cannes Film festival -- a nod to the Japanese animation company's 40 years of creating masterpieces in the genre.

Director Miyazaki Goro and other studio representatives received a standing ovation as they collected the trophy at the awards ceremony on Monday.

Miyazaki is the son of Studio Ghibli co-founder and legendary director Miyazaki Hayao, whose creations include the Oscar-winning "Spirited Away" and "The Boy and the Heron."

The younger Miyazaki said in his speech that he believes the award is a message to Studio Ghibli to keep on going for another 40 years.

Four short animations were shown at the ceremony -- all based on the elder Miyazaki's original screenplay, and normally shown at Ghibli Museum in Tokyo.

Festival organizers say this is the first time the honorary Palme d'Or has been given to a collective body, rather than an individual, for its outstanding contributions to cinema.

The Cannes Film Festival, one of the world's three major cinema competitions, runs through May 25.