One of the most successful teams in the J. League, Júbilo have three times won the J. League title and three times finished as runners up. Júbilo hold the distinction of being Japan's most successful team in international club football, making three successive appearances in the Asian Club Cup final, being champions once and runners up twice.
Yamaha Motor is no longer the main club sponsor, but links between them and the club are still present and referred to.
Their first glory happened when they won both the Emperor's Cup and promotion as champions of the JSL Division 2 in 1982. They won their first Japanese league title in the 1987/88 season. Due to problems in the upcoming professionalization, Yamaha decided to relegate themselves and not be one of the J. League founder members.
They finished in 2nd place of the JFL 1st division, a division below the top flight, in 1993 and were promoted to the J1 league for 1994. The team welcomed Marius Johan Ooft as its manager, as well as the Brazilian national team captain Dunga and a number of foreign players to build a winning team. Dunga's football philosophy deeply influenced the club, initially as a player and currently as an advisor.
In a seven-year period between 1997 and 2003, the club won a number of titles relying on Japanese players instead of foreigners who may leave on a transfer during the middle of the season. Within this period Júbilo won the J. League title three times, finished second three more and won each of the domestic cup competitions once. In 1999 they were also crowned Champions of Asia after winning the first of three successive Asian Club Cup final appearances, the competition which has since been reformatted as the AFC Champions League.
One of the most fruitful periods in J. League history, Júbilo broke several records and created some new ones. Amongst these are the most goals scored in a season (107 in 1998); the fewest goals conceded in a season (26 in 2001); the biggest goal difference (plus 68 goals in 1998); and the largest win (9-1 against Cerezo Osaka in 1998). In 2002, the team won both stages of the championship, a first in J. League history, and the same year the team had a record seven players selected for the J. League Team of the Year. All of these records still stand today.
Since their last cup triumph in the 2003 Emperor's Cup, the squad which took them to such heights began to age. Without similarly skilled replacements coming through the youth team or from outside, Júbilo's power started to fade, and in 2007 the club ended the season in a record worst position of 9th. Perhaps more concerning to Júbilo supporters is their eclipse in recent seasons by bitter local rivalsShimizu S-Pulse who, in ending the season above Júbilo every year since 2006, have become Shizuoka prefecture's premier performing team. In 2008 they finished 16th out of 18 - their lowest position in the 18-club table - but kept their J1 position by defeating Vegalta Sendai in the promotion/relegation playoff.
In 2013 season, it took them until 8th week to make their first win in the league matches, and never move up higher than 16th since they were ranked down to 17th as of the end of 5th week. Then eventually suffered their first relegation to 2014 J. League Division 2 after they were defeated by Sagan Tosu at their 31st week match.