World’s Oldest Company Is 1,447 Years Old – The Family Secret That Kept It Alive Will Amaze You | World News

The World’s Oldest Company: Among millions of companies around the world, one business stands the test of time like no other. Kongō Gumi, a Japanese construction company founded in 578 AD, is the world’s oldest company still operating today. Specializing in the construction and repair of Buddhist temples for over 1,400 years, it has seen the rise and fall of generations, but its legacy continues even today.

The story begins with Shigemitsu Kongō, a Korean immigrant who came to Japan more than 1,400 years ago. He was commissioned to build Japan’s first Buddhist temple, Shitenno-ji, in Osaka. His expertise in temple construction soon spread to palaces and other architectural projects, and his descendants continued the work for centuries.

Although the Kongō family no longer directly runs the company, their influence remains. In 2006, Kongō Gumi faced bankruptcy and was acquired by Takamatsu Construction Group.

Today, it operates as a subsidiary within the group known as Kongō Gumi Division and continues its traditional craftsmanship in temple construction. The legacy is carried on by the daughter of Masakazu Kongō, the 41st president, ensuring that the family name is closely linked to the business.

Before the acquisition, the company employed about 100 workers and reported annual revenues of 7.5 billion yen (about Rs 4.33 billion) in 2005. Despite its long history, the company had debts of 4 billion yen (Rs 2.31 billion) at the time.

Masakazu Kongō, the last head of the Kongō family, represented the 40th generation of leaders.

From its humble beginnings in the 6th century to overcoming modern economic challenges, Kongō Gumi is not just a company, but a symbol of craftsmanship, resilience and a family business’ extraordinary ability to withstand centuries of change.