An object of the present invention is to provide a novel .mu.-oxo bridged heterometal phthalocyanine compound, and a production method such that the .mu.-oxo bridged heterometal phthalocyanine compound is obtained simply, selectively and with high yield. The .mu.-oxo bridged heterometal phthalocyanine compound has a structure in which the central metal atom (M1) in a metal phthalocyanine including M1 as central metal thereof is oxo-bridged with the central metal M2 in a metal phthalocyanine including M2 as central metal thereof.