The Hasselblad award was presented for the seventh time on Tuesday 20 October 1987. The award winner, Hiroshi Hamaya, Tokyo, Japan, received the award from Her Royal Highness Princess Lilian, at a ceremony at the Röhsska museum in Göteborg. The award sum was USD 25,000. In conjunction with the ceremony an exhibit of the award winner's photographs was displayed at the Röhsska museum.
No citation was published in 1987. A summary and translation from Swedish of the press release, follows:
Hiroshi Hamaya is one of the most eminent documentary photographers in Japan today. His preferred subjects are people and nature. His interest in naturale is not, however, limited to the Japanese countryside but to unspoilt nature around the world. As part of recording nature, Hamaya has also documented human life in its many variations. Although he intended his photos to be scientific records, they also have an aesthetic rendering: Hamaya has made an art form of documentary photography.