The oldest company in the world. What does the Japanese Congo Gumi do?

The oldest company in the world.  What does the Japanese Congo Gumi do?

In 578 AD, the Korean builder Shigemitsu Kongo was invited by Prince Shōtoku to Japan to build a Buddhist temple in that country. It was a huge challenge, because no one in the country could lead the design and construction of this new temple in the country, but the Shigemitsu decided that he would cope and was commissioned to build the Temple of the Four Heavenly Kings (Shitennō-ji), which still stands in Osaka, Japan.

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The Kongo Gumi company has been on the market for 1443 years. It is the oldest company in the world that owes its success to … religion

He then decided to set up a company that over time transformed into Kongo Gumi and thanks to its operation for over 14 centuries, it is now the oldest company in the world. It is 1,443 years old on its back and is still run by the descendants of the Congo for as many as 40 generations, a list of which is on a 3-meter scroll from the 17th century. The key to the company’s longevity is the business focused on building Buddhist temples, generating 80 percent of the company’s income.

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For the entire 1,443 years, the company managed to stay in business after surviving numerous natural disasters, political and economic crises, and even two nuclear bombs during World War II. However, it was not always colorful and so in 2006 Kongo Gumi had to liquidate its assets due to the difficult financial situation, but it managed to stay on the market … but not as an independent company, because it was bought by Takamatsu Construction Group.


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