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Founded in June 1985, Studio Ghibli is headed by the directors Hayao Miyazaki and Isao Takahata and the producer Toshio Suzuki. Prior to the formation of the studio, Miyazaki and Takahata had already had long careers in Japanese film and television animation and had worked together on Hols: Prince of the Sun and Panda! Go, Panda!; and Suzuki was an editor at Tokuma Shoten's Animage magazine.

The studio was founded after the success of the 1984 film Nausicaä of the Valley of the Wind, written and directed by Miyazaki for Topcraft and distributed by Toei Company. The origins of the film lie in the first two volumes of a serialized manga written by Miyazaki for publication in Animage as a way of generating interest in an anime version. Suzuki was part of the production team on the film and founded Studio Ghibli with Miyazaki, who also invited Takahata to join the new studio.

The studio has mainly produced films by Miyazaki, with the second most prolific director being Takahata (most notably with Grave of the Fireflies). Other directors who have worked with Studio Ghibli include Yoshifumi Kondo, Hiroyuki Morita, Gorō Miyazaki, and Hiromasa Yonebayashi. Composer Joe Hisaishi has provided the soundtracks for most of Miyazaki's Studio Ghibli films. In their book Anime Classics Zettai!, Brian Camp and Julie Davis made note of Michiyo Yasuda as "a mainstay of Studio Ghibli’s extraordinary design and production team".