A liquid crystal device 1 includes a liquid crystal 23 arranged
between
a first substrate 2 and a second substrate 3. The liquid crystal
device has a reflecting conductive film 18 formed on the first substrate
2, a light transmitting metal oxide film 19 laminated on the reflective
conductive film 18 so that the edges 34 thereof are in contact with
an underlying film 35 or the first substrate 2, and an illumination
device 25 for irradiating the liquid crystal 23 with light from outside
the first substrate 2. Since the edges are present around the reflective
conductive film 18, the area of a light reflecting region contributing to
reflection is not changed even when the position of the reflective conductive film
18 is deviated in the transverse direction.
