The Nihon-Doboku-Gaisha was the civil engineering and construction company authorized on March 17, 1887, the company was established with a capital of 2 million yen.
The background was not written even in "Syashi" about the establishment of a company. Also, one day in November 1892, the company president Okura Kihachiro declared the company dissolution to all employees. The dissolution of the company was mainly attributed to the "Kaisya-hou" in "Syashi". The establishment and dissolution of the company has been conducted several studies from the perspective of economic history etc. from the viewpoint of the rise of construction companies in the early days of modern times. However, in any case, the reason for the company's dissolution followed the "Kaisya-hou" theory described in "Syashi".
Therefore, this article examines the establishment and dissolution of the Nihon-Doboku-Gaisha, using the same age newspaper as well as the traditional "Syashi". And it aims at clarifying what kind of background the company is established and it has been dissolved.
The following points have become clear.
Before the Nihon-Doboku-Gaisha merged, both Okura-Gumi and Fujita-gumi were overly competitive and suffered damage, therefore, the two groups made preparations for the merger, and then asked Eiichi Shibusawa to join, and in 1887, established the company. It is assumed that 56 civil engineering engineers and staff members of Fujita-gumi were assigned to the Nihon-Doboku-Gaisha in "Syashi", but according to "Cyoya-Shimbun", they were 74 civil engineering staff and 46 internal technicians. As the business that promoted collaboration between Okura-Gumi and Fujita-gumi before the merger, "Syashi", mentions the Osaka-Boseki-Gaisha in 1881, however, regarding this, the Okura-Gumi was limited to participation as a shareholder. Rather, it is thought that the Dobokuyoutashi-gumi in Tokyo, where Okura Kihachiro,
and Hisahara Shozaburo have participated since 1881, have become the path of merger between Okura and Fujita.
After the merger, in 1889 Fujita-gumi withdrew from the management of the Nihon-Doboku-Gaisha, which has been considered as a provision policy in order to focus on mining management. However, in fact, because the Okura-Gumi of Tokyo and the Fujita-gumi of Osaka were inconvenient within the company, discussions on administrative divisions and future sales were held in July 1889. Therefore, it can be thought that this discussion has taken the opportunity of Fujita-gumi leaving the management of the Japanese engineering company.
The company's dissolution in 1892 was attributed to the "Kaikei-ho". However, looking closely at the company's performance, in 1889 the company was already reported about poor business results and organizational problems in newspaper, and the company saved expenses and reduced wages in 1891. In addition, the dividend which recorded 22% in 1889 finally falls to 7%, and the loss by construction is also reported. In other words, it was true that the company had been downsized due to the recession before the dissolution, and it was true that the company was in a trend of declining performance, and it could be considered that the accounting law put an end to it and broke up.
