Kongo Gumi
Encyclopedia
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
and was the world's oldest continuously ongoing independent company, operating for over 1,400 years until it was absorbed as a subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of another larger construction company. Headquartered in Osaka
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
, the once family-owned construction company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
traced its origins to 578 when one of the engineers whom Prince Shōtoku
Prince Shotoku
, also known as or , was a semi-legendary regent and a politician of the Asuka period in Japan who served under Empress Suiko. He was a son of Emperor Yōmei and his younger half-sister Princess Anahobe no Hashihito. His parents were relatives of the ruling Soga clan, and was involved in the defeat...
brought from Baekje
Baekje
Baekje or Paekche was a kingdom located in southwest Korea. It was one of the Three Kingdoms of Korea, together with Goguryeo and Silla....
to Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
to build the Buddhist temple Shitennō-ji
Shitenno-ji
is a Buddhist temple in Osaka, Japan.Prince Shōtoku is said to have constructed this temple in 593. It is the first Buddhist and oldest officially administered temple in Japan, although the temple buildings have been rebuilt over the centuries. Most of the present structures are from when the...
decided to start his own business. Over the centuries, Kongō Gumi participated in the construction of many famous buildings, including the 16th century Osaka Castle
Osaka Castle
is a Japanese castle in Chūō-ku, Osaka, Japan.Originally called Ozakajō, it is one of Japan's most famous castles, and played a major role in the unification of Japan during the sixteenth century of the Azuchi-Momoyama period.-Description:...
.
A 10-foot 17th-century scroll traces the 40 generations back to the company's start. As with many distinguished Japanese families, sons-in-law often joined the clan and took the Kongō family name. Thus, through the years, the line has continued through either a son or a daughter.
The company fell on hard times and went into liquidation in January 2006. Its assets were purchased by Takamatsu Corporation. Before its liquidation, it had over 100 employees and annual revenue of ¥7.5 billion ($
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
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 Takamatsu.