Disclosed is an extract produced by extracting an equol-containing valuablecomponent from an equol-containing fermentation product of a soybean embryonicaxis. Also disclosed is a method for producing the extract. An equol-containingfermentation product of a soybean embryonic axis is extracted by using an aqueousethanol solution as an extraction solvent to extract an equol-containing valuablecomponent from the fermentation product with a high degree of efficiency. Alternatively,an equol-containing fermentation product of a soybean embryonic axis is successivelysubjected to the extraction with an aqueous ethanol solution and the extractwith ethanol to extract equol and glycitein with a high degree of efficiency,thereby reducing the content of a saponin that causes an unpleasant taste.