A video image pickup apparatus (10) includes an image sensor (120), a knee processor (132) for performing a compression in a high-luminance characteristic interval of a picture signal based on an output signal of the image sensor, a block luminance calculator (151) for dividing a frame of image based on the output signal of the solid-state image pickup device into a set of blocks, calculating a set of luminance indices of respective blocks, an extreme extractor (152) for extracting a block having a highest luminance index, together with the luminance index, a display information generator (153) for generating a set of pieces of image information for exposure guide display including an image representing a region of the extracted block and an image representing the luminance index, an image superposer (160) for superposing the set of pieces of image information for exposure guide display on a frame of image based on the compressed picture signal to generate a frame of superposed image, and a view finder (170) for displaying the frame of superposed image.