It was founded in 1893 by Shō Jun, a former prince of the Ryūkyū Kingdom, and was the first newspaper to be published in the prefecture.

[2][3] Historian George H. Kerr says of the newspaper, upon its founding, that it "strengthened leadership and promoted the development of informed opinion on matters of public concern".

Editor-in-chief Ōta Chōfu, along with others from the newspaper, played a role in the Kōdō-kai Movement, arguing for leadership of the prefecture to remain hereditary within the Shō family, and opposing the Freedom and People's Rights Movement led in Okinawa by, among others, Jahana Noboru.

[5] The Ryūkyū Shimpō company involved itself in development and modernization efforts in the island prefecture, spurring agricultural production and innovation by hosting competitions and exhibitions, and arranged in 1915 for the first demonstration of an airplane in Okinawa.

[2] Today, it has the largest print-run of newspapers in Okinawa with both morning and evening editions, and the newspaper company is connected to a number of other businesses, including Ryūkyū Shimpō Shipping, Ryūkyū Shimpō Development, and Weekly Lequio (週刊レキオ社, Shūkan Rekio sha)[2]