What These Millennium-Old Companies Have in Common
Remarkably, a large share of the world's oldest companies are concentrated in Japan. A culture of passing the family business down through generations, and a management philosophy that prioritizes steady tradition over rapid expansion, are often cited as the secret to their longevity.
Frequently Asked Questions
Does Kongō Gumi still operate the way it originally did?
It became a subsidiary of a larger corporation in 2006 due to financial difficulties, but its specialized expertise in temple construction continues on today.
Do these ancient companies tend to be in similar industries?
Yes — many of the longest-surviving companies tend to be in traditional industries with steady, enduring demand across eras, such as construction, hospitality, and beverages.