The company was established by producer Hideo Uda in 2011. The studio follows a principle of "making a place where people involved in anime can continue to work peacefully and to contribute to the further development of Japanese animation culture".[2][3] The "Colorido" in the studio's name translates to "rich in color" or "colorful" in Portuguese and Spanish.[4][5]
Years later, the company entered a business partnership with company Twin Engine and became a subsidiary in the network, with Twin Engine CEO Kōji Yamamoto becoming co-CEO.[6]
In April 2022, Studio Colorido signed a multi-year co-production deal with Netflix.[7] The first was Drifting Home which was released in September that same year.[7] The second was My Oni Girl, which was released in May 2024.[8]
Based on the Pokémon franchise by Satoshi Tajiri Episode 3 (Blossom's Dream) and 4 (Wait For Me, Magikarp) Yamashita directed Episode 3 and Hérole directed Episode 4 Released on YouTube.