The oldest promotion in Japan, Golden Canvas Grappling were once the most powerful wrestling promotion on the planet and were almost a national institution in their homeland. A bitter war for superiority took place in the 1980s, as BHOTWG took on GCG head-to-head for the right to be called Japan's premier promotion. A series of poor business decisions during this war by their owner Hansihiro Furusawa led them to get comprehensively beaten, and by the time the war was over, GCG were well and truly in financial ruin.