In this essay I present the philosophy of Nishida Kitarō, the father of the Kyoto School tradition, as an alternative version of transcendental philosophy. While following the steps of Kant and Husserl in important ways, Nishida attempts to take the transcendental approach even further, finally leaving us with a different view of reality that is neither realist (in the naive or empirical sense) nor idealist (in the transcendental sense), but, rather, radically realist. I call this radical transcendental position, “awakened realism”. Due to word limitations, I can only set the stage for further discussion on what kind of implication this may have for transcendental philosophy. But if I succeed in making my presentation clear enough, it should naturally ignite discussion on how far we can (and are willing to) radicalize transcendental philosophy without making it into something else.