Kongō Gumi
Kongō Gumi Co., Ltd. (株式会社金剛組, Kabushiki Gaisha Kongō Gumi) is a Japanese construction company. A long-established Japanese business (shinise), it was the world's oldest continuously ongoing independent company, operating for 1,427 years. In January 2006, after falling on difficult times, it became a subsidiary of the Takamatsu Construction Group.[1][2] The Teikoku Databank and Tokyo Shoko Research acknowledge Kongō Gumi as the Japanese company with the longest history.[3]
Native name | 株式会社金剛組 |
---|---|
Romanized name | Kongō Gumi |
Type | Subsidiary (since 2006) |
Industry | Construction |
Founded | 578 |
Founder | Shigemitsu Kongō |
Headquarters | , |
Parent | Takamatsu Construction Group (2006–present) |
History
Headquartered in Osaka, Kongō Gumi was a family-owned construction company. It traced its origins to 578 CE, when Prince Shōtoku invited 3 Kudarans to Japan to build the Buddhist temple Shitennō-ji.[3] The commission of Shitennō-ji was part of a massive national project led by Prince Shōtoku, who was devoted to Buddhism,[3] an unpopular religion at the time; thus, the carpenters brought knowledge to build Buddhist temples and lead the construction. A family member of Kongō Gumi decided to start his own business, which became Kongō Gumi in 578 CE.[3] Over the centuries, Kongō Gumi participated in the construction of many famous buildings, including the 16th century Osaka Castle.
A 3 metres (9.8 ft)-long 17th century scroll traces the 40 generations back to the company's start. It has continued operation through the founder's descendants.[4] The practice of sons-in-law taking the family name when they joined the family firm contributed to the Kongō Gumi's long existence.[4] As with many distinguished Japanese families, sons-in-law often joined the clan and took the Kongō family name.[4] This allowed the company to continue with the same name when there were no sons in a generation.[4] Thus, through the years, the line has continued through either a son or a daughter. Another factor for the company's longevity is the Buddhist temple construction business has been a reliable mainstay due to millions of Buddhist adherents.[4]
The company fell on hard times and went into liquidation in January 2006, and was purchased by the Takamatsu Construction Group.[4] Before its liquidation, it had as few as 100 employees and annual revenue of ¥7.5 billion (US$70 million) in 2005; it still specialized in building Buddhist temples. The last president was Masakazu Kongō, the 40th Kongō to lead the firm. As of December 2006, Kongō Gumi continues to operate as a wholly owned subsidiary of the Takamatsu Construction Group.[3]
References
- (in Japanese) Announcement of business transfer from Kongō Gumi Takamatsu Corporation IR Topics, 14 December 2005.
- "End of the Road for World's Oldest Firm" Digital Chosunilbo (English Edition), 15 December 2005.
- Yasuhiko Nakazawa (December 31, 2020). "Japan's oldest company defies time with merit-based succession". Nikkei. Archived from the original on January 4, 2021.
- "The End of a 1,400-Year-Old Business". Bloomberg. April 17, 2007. Archived from the original on November 20, 2020.
See also
External links
Wikimedia Commons has media related to Kongō Gumi. |
- Kongō Gumi website (in Japanese)
- Nikkei Special "Dawn of Gaia" vol.296 Jan 8, 2008 (in Japanese) - Introducing documentary program about reconstruction process of Kongō Gumi with Takamatsu (日経スペシャル「ガイアの夜明け」2008年1月8日放送 第296回)