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.
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.
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.