- Pro Wrestling Fujiwara-Gumi was formed in early 1991, after the fall of the second UWF. The company was started by Yoshiaki Fujiwara and had the financial backing of Hachiro Tanaka of Megumi Super Optical (who was also funding Super World Sports). Also joining the promotion were former UWF wrestlers Minoru Suzuki, Masakatsu Funaki, Yusuke Fuke, Wayne (Ken) Shamrock, and Bart Vale.
- In December 1992, Suzuki, Funaki, and Fuke quit the promotion over Fujiwara's sending his wrestlers to appear on shows promoted by SWS, W*ING, and the lucha UWF. The trio would go on to form Pancrase in mid-1993. Shamrock also quit to join the others in the forming of Pancrase.
- The first couple of years saw all matches being worked shoot style; even when traditional pro wrestlers were brought in. However, in later years pro wrestling style matches would become more frequent.
- The company folded in November 1995, but was revived briefly for a couple of shows in the summer of 1996. All of the remaining PWFG wrestlers except for Fujiwara went on to form Battlarts.