A method of manufacturing a toner comprising the steps of: (i) forming oil
droplets in an aqueous medium comprising a surfactant having a long chain
hydrocarbon group and an acid group, the oil droplets comprising: (i-a) a
polycarboxylic acid having two or more carboxyl groups, (1-b) a
polyalcohol having two or more hydroxyl groups, (i-c) a styrene compound,
(i-d) a (meth)acrylate ester; (ii) polycondensing the polycarboxylic acid
and the polyalcohol by heating to form a polyester resin in the oil
droplets; (iii) radically polymerizing the styrene compound and the
(meth)acrylate ester by supplying radicals to form a styrene-acryl
copolymer resin in the droplets, as a result of steps (ii) and (iii),
composite resin particles containing the polyester resin and the
styrene-acryl copolymer resin are formed; and (iv) coagulating the
composite resin particles in an aqueous medium.