PROBLEM TO BE SOLVED: To provide an emulsified composition comprising astaxanthin and/or a derivative thereof, which is a physiologically active ingredient poorly soluble in water, the emulsified composition being excellent in stability over time, and to provide a soft capsule formulation.SOLUTION: According to the present invention, there is provided an emulsified composition that comprises at least one polyvalent alcohol selected from a group comprising astaxanthin and a derivative thereof, an oil component, water, glycerin and reduced starch syrup, and enzymatically degraded lecithin. According to the present invention, there is also provided a soft capsule formulation.SELECTED DRAWING: NoneCOPYRIGHT: (C)2018,JPO&INPIT【課題】水に難溶性の生理活性成分であるアスタキサンチン及び/又はその誘導体を含有し、かつ経時安定性に優れた乳化組成物、並びに、ソフトカプセル製剤を提供すること。【解決手段】アスタキサンチン及びその誘導体からなる群より選ばれる少なくとも1種、油性成分、水、グリセリン及び還元水飴からなる群より選ばれる少なくとも1種の多価アルコール、及び酵素分解レシチンを含有する乳化組成物、並びに、ソフトカプセル製剤。【選択図】なし