(ASRI 2024) Journey to promote Records in Asia - P17 - Kongō Gumi Co., Ltd. (Japan): The oldest construction company in Asia


(Worldkings.org) Kongō Gumi Co., Ltd. (株式会社金剛組, Kabushiki Gaisha Kongō Gumi) is a Japanese construction company, established in 578. Known as the world's oldest continuously independent company, Kongō Gumi operated for over 1,400 years until it was absorbed as a subsidiary of Takamatsu in 2006.


History and Operations

The company primarily operates in the design, construction, restoration, and repair of shrines, temples, castles, and cultural heritage properties. Kongō Gumi's headquarters are located in Osaka, Japan.

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Kongō Gumi has been involved in the construction of many notable structures, including the 16th-century Osaka Castle.


Challenges and Changes

However, due to increased competition from larger construction companies due to the growing use of concrete in the construction of shrines and temples, Kongō Gumi became a subsidiary of Takamatsu Construction Group in January 2006.

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Before going bankrupt, the company had only about 100 employees. In 2005, its annual revenue was 7.5 billion yen (70 million US dollars), and it still specialized in building Buddhist temples. As of February 2023, Kongō Gumi continues to operate as a wholly-owned subsidiary of Takamatsu Construction.

According to Internet.


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