Oagata-no-okami, the deified ancestor who cultivated Owari, is enshrined here. The shrine has been popularly known as the number-two shrine of Owari since ancient times, and Oagata-no-okami is worshipped as a protector deity who grants business success and wards off misfortune.
According to shrine legend, Oagata-no-okami was enshrined at the summit of the Mt. Hongu, which overlooks the Nobi Plain, but he is said to have been moved to his present location in the year 3 BCE.
The present-day shrine hall was restored in 1661 by lord Tokugawa Mitsutomo, second lord of the Owari Domain, and it preserves the Owari-zukuri construction method exactly. It was designated a national important cultural property in 1981.