As ideal as it sounds, it’s true! These companies have maintained their aura while passing the test of time, not just for namesake. In fact, the oldest still-operating company in the world was founded around 100 years after the dissolution of the Roman Empire.
Japan Leads The Way When It Comes To These Old Companies…
Japan’s towns and cities have existed for centuries, so perhaps it shouldn’t be shocking that it has many older companies stay relevant in Japan today. But Innan Sasaki, an assistant professor at the University of Warwick’s business school who’s written about Japanese company longevity, says other reasons are more specific to Japan.
“More generally, we could say that it is because of the general long-term orientation: the culture of respecting tradition and ancestors, combined with the fact that it has been an island country with relatively limited interaction with other countries,” she says, pointing to people’s desire to make the most of what they have for as long as possible by preserving local companies in the community.
Here Are The 10 Old Companies You Need To Know About
– Kongō Gumi (Japan) – Founded in 578 AD, Kongō Gumi is the oldest continuously operating company in the world. It was initially established as a construction company and specialized in temple and shrine buildings.
– Nishiyama Onsen Keiunkan (Japan) – Founded in 705 AD, Nishiyama Onsen Keiunkan is a hot spring hotel in Hayakawa, Yamanashi Prefecture, Japan. In 2011, it was recognized as the oldest hotel in the world by Guinness World Records. It has been continuously operated by 52 generations of the same family, including adopted heirs, for over 1,300 years.
– Koman (Japan) – Founded in 717 AD, Sennen no Yu Koman is the second-oldest hotel in Japan and one of the oldest companies in the world. It was established by Hiuke Gonnokami and has been passed on for over 46 generations.
– Hoshi Ryokan (Japan) – Founded in 717 AD, Hoshi Ryokan is a traditional Japanese inn owned and operated by the same family for over 1,300 years.
– Genda Shigyō (Japan) – Founded in 771 AD, Genda Shigyō is a Japanese paper production company and one of the oldest companies in the world. It has produced ceremonial paper goods such as mizuhiki, gift wrapping and betrothal gifts.
– Stiftskeller St. Peter (Austria) – Founded in 803 AD, Stiftskeller St. Peter is one of the oldest continuously operating restaurants in the world. It is located in Salzburg and serves traditional Austrian cuisine.
– Staffelter Hof (Germany) – Founded in 862 AD, Staffelter Hof is one of the oldest wineries in the world. It is located in the Mosel Valley and has been producing wine for over 1,100 years.
– Monnaie de Paris (Paris) – Founded in 864 AD, The Monnaie de Paris is a government-owned institution which is the oldest continuously running minting institution in the world. Since the relocation of the primary minting facility to Pessac, the original facility in Paris now serves primarily as a museum.
– Tanaka-Iga (Japan) – Founded in 885 AD, Tanaka-Iga Butsugu is a Japanese company that produces Buddhist goods. It is one of the oldest companies in the world that is still operational.
– The Royal Mint (United Kingdom) – Founded in 886 AD, The Royal Mint is the official maker of British coins and the oldest company in the UK. Since its inception, it has expanded into precious metals investment, historic coins, and luxury collectables.
Fascinating is the word we would use. These places are ideal travel destinations and if you can you must check these places out on your next trip… Here’s a video you should check out:
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