A cosmetic exhibiting improved thermal stability and storage stability, which is prepared by using a three-phase emulsification-dispersing method in an aqueous phase. In the cosmetic containing an oily base material and/or a pigment as a component to be emulsification-dispersed, an emulsification-dispersing agent and water, the thermal stability and storage stability are improved, and the emulsification-dispersing agent composed of a polysaccharide having a particulate structure as a main component, and two or more kinds of components to be emulsification-dispersed are contained. The components to be emulsification-dispersed exhibit a dielectric constant ranging from 1 to 5 (F/m), and an inorganicity/organicity ratio ranging from 0 to 0.5.
