A liquid crystal device includes an element substrate on a surface of which a display element region is formed that includes a MOS-FET array circuit and an extension of a reflective electrode superposed on the MOS-FET array circuit; a counter substrate disposed so as to oppose the surface of the element substrate having the display element region, and including a transparent electrode formed on a surface opposing the element substrate; a seal member provided between the element substrate and the counter substrate in a loop shape so as to surround the display element region; and liquid crystal enclosed in the region surrounded by the seal member; and the seal member is not superposed on the extension of the reflective electrode in a region along an outer peripheral edge of the element substrate.