The invention relates to a microcapsule and method for producing microcapsule, as well as cosmetic composition and method for producing cosmetic composition. A microcapsule according to the present disclosure is composed of a core substance and a wall substance including the core substance in the wall substance. The core substance is an anionic hydrophobic substance. The wall substance is a cationic polymer. The microcapsule is smaller than 200[mu]m in particle size. Thus, the microcapsule is provided which is likely to give attachment to hair and unlikely to damage the hair.