Abstract: The present invention provides a treated pigment produced by treating at least one pigment selected from the group consisting of organic pigments and carbon black each having a functional group reactive with a carbodiimide group with a carbodiimide compound having one or more carbodiimide groups, said carbodiimide compound having, within the molecule thereof, at least one side chain selected from the group consisting of polyester side chains, polyether side chains and polyacrylic side chains, with a carbodiimide equivalent of 100 to 50,000.