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A 1400 year old company must be doing something right

Posted by John Lampard on Friday, 5 September, 2008 to the comment subset

Japanese temple building company Kongo Gumi was established in 578AD and ceased trading in 2007, after being overwhelmed by debt, and an apparent downturn in the temple building industry. Aside from the inauspicious final chapter however, what was the key to remaining in business for almost a millennium and a half? Other than favourable economic and trading conditions, family ownership seems to have played a big hand in their ... Read full entry

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