It was founded by Koreans, the oldest company in the world.

 Among the top 500 companies selected by Pocheonji in 1970, one-third disappeared in 1983, less than 15 years later. This is evidence that the modern economy is changing rapidly. What is the secret to companies' survival for the past hundreds or more of years in the process of countless companies collapsing and being born overnight? The Economist magazine's latest issue (16th) said companies were able to survive hundreds of years amid strong changes because they adhered to principles based on trust, pride, and money, but were not afraid of change. In addition, most of these companies are family companies that have been inherited by their families. The oldest company was confirmed to be "Kongo Gumi," an architectural company founded by Koreans in Osaka, Japan in 578. ◈ Renoquien, the eldest son of Cain and the father of Mducella, Enoch, lived to the age of 365 according to the club Genesis of longevity companies, and later ascended to heaven upon death. Les Henokiens, a club established in France in 1981 named after Enoch, a long-lived man, is a social club for companies that are at least 200 years old. Companies belonging to the club still have something in common that the founder's family runs the company and has a financially sound but modern corporate appearance. Representatives of 33 companies from seven countries belonging to Renoquien gather for three days every year to enjoy meetings and entertainment. The organizer of this year's meeting was "Dita Voltoro Nadini," an Italian brewery established in 1779. Founded in 1970 in the UK, the "Ther Centennial Club" also has nine members. These companies are companies that have been established for at least 300 years, are still connected to the founder's family, and hold lunch meetings every year. ◈ What's the oldest company? Founded by Koreans in 578, Gumi, Congo! Currently, Lenokien's oldest member is Hosiryokan, an inn established in Komatsu, Japan in 718. Hoshi Ryokan is run by Hoshi Gengoro, the 46th descendant of the founder. The family motto of this family is very practical, "Let's be careful of fire. Let's learn from the water and live in harmony with nature. There are companies that are longer than this. According to William Ohara's book, Centuries of Success, the oldest company is Congo Gumi, an architectural company founded by Koreans in Osaka, Japan in 578. The founder of Congo Gumi was Shigetsumi Congo (Korean name Yoo Joong-gwang), who came from Baekje in 578 as Prince Shotoku's first ruling, and in 593, he was ordered by the Japanese royal family to create Shitenouji, Japan's top temple. Congo Gumi built Buddhist temples, shrines, and castles in the past, and now it is also building modern buildings such as offices, apartments, buildings, and private houses. What the two old Japanese companies have in common is that they are both family-run companies. According to Family Business Magazine, written by Chateau de Goulain O'Hara and Peter Mandel, the oldest company in Europe is Chateau de Goulain. The company is a wine company located in the province of Lewar, France, founded in 1000 and also has a museum and butterfly farm. The oldest family company in the UK is John Brook & Thorns, a textile company founded in 1541. However, the company recently gave up its manufacturing industry and changed its field to industry. The oldest companies in the United States are younger than other regions. Gildezanne Symbol, a percussion manufacturer located in Nowell, Massachusetts, USA, was founded in 1623. However, it was not in the United States, but in Constantinople, and it was not until 1909 that the family moved to the United States. It is not clear whether companies have actually been operating for this long or whether they have been reborn as companies in modern times after having different shapes such as trade unions, religious groups, and communities. In fact, it is currently difficult to tell whether Chateau de Goulin is a company that is over 1,000 years old or an old castle that sells wine and displays butterflies. The British carrier "Shore Ports Society" was established in 1498 but was a community in the village of Aberdeen and only became an independent company in 1850. If so, can you guarantee that the company's history has exceeded 500 years? It is not easy to calculate the age of large complex companies other than family companies. Hasco, an American engineering company, sets its corporate history as 1742, when it was called Taylor Wharton. Taylor Wharton was a company that built cannons for George Washington's troops during the independence war, and was acquired by Hasco in 1953. ◈ Modern conglomerates were born after the Industrial Revolution. The recent history of large corporations was based on technological progress after the Industrial Revolution, and it was not that long ago. Microsoft (MS) was born in 1975 and General Electric (GE) in 1876. On the other hand, most old companies have industries such as agriculture, lodging, and construction, which are traditional industries. Among the relatively old industries, banking is considered to be the only industry that stands out until recently. Among the old banks, Lloyd TSB Bank of the UK was established in 1765 and Citigroup in 1812. ◈ It is difficult for large companies in the 20th century to survive for a long time. Among the top 500 companies in Pocheon in the 1970s, one-third of them were M&A or went bankrupt by 1983. Leslie Hannah, a corporate historian at Tokyo National University, pointed out that the average lifespan of large companies in the 20th century was only 75 years. He also added that the early childhood mortality rate of companies is very high, and the first year is the hardest. ◈ Family companies are the basis of longevity, so what is the reason why a small number of old companies survived? Oha analyzed that luck was important, but the factor of being a family company was large. When inheriting these family companies, companies were not separated by thoroughly establishing the principle of inheritance to the eldest son. However, at present, it is difficult for most family companies to hand over only to the eldest. In addition, family harmony and trust were important. Old companies also had progressive aspects, such as having women take charge of management, and if there were no descendants of the founder's family, they were willing to continue their households through legal adoption. The three factors of ◈ longevity companies are trust, pride, and funds John Davis, a professor at Harvard Business School, cited three factors of longevity companies in his book on family companies that lasted for more than three generations. Each generation accumulated trust, pride, and money in its later years so that the next generation could continue its business with the spirit of the family. Succession of the business was a very difficult yet important test. Most old companies have changed in time rather than staying in their existing positions over time. Founded in 1630, Gikomang, a Japanese food company, is the world's leading soy sauce company and has recently expanded its business to biotech. Davis stressed that companies need boldness to survive and that it should be based on trust, pride, and money. Jim Collins, co-author of the "Built to Last-Successful Habit of Visionary Companies" along with sticking to the principle, said surviving companies are very used to sticking to the principle, but on the other hand, they have constantly sought changes in new things. Collins pointed out that many such companies have survived decades, and that what achievements they make is more important than simply surviving.