The horn fish, Hemiramphus sajori TEMMINCK et SCHLEGEL, is widely distributed in the coastal waters of Korea, Japan and Taiwan. On April 13, 1983, mature adults of the horn fish were collected from Changson channel, Namhae. The authors carried out artificial insemination on the field, and incubated the eggs and reared larvae in the laboratory. And these larvae were reared for about two weeks in glass jars, fed brine shrimp nauplii. The eggs of this species are demersal and adhesive, with 4 to 6 filaments at the animal pole and a filament at the vegetal pole. The diameter of these eggs varies 1.80 to 2.00 mm. The hatching took place in ca. 376 hours after fertilization. During the incubation period water temperature fluctuated between $13.5^{circ}C;and;20.0^{circ}C$. The newly hatched larvae were elongate in shape $7.40{sim}8.00$ mm in total length with $40+16{sim}17=56{sim}57$ myomers. Many melanophore were distributed on the head, both sides of dorsal body contour, peritoneum and ventral line of the tail part. Four days after hatching, the larvae were from 9.00 to 9.65 mm in total length, at this tims the larvae absorbed the yolk completely, and became postlarvae. Fourteen days after hatching, the larvae attained 13.25 mm in total length, with 14 rays of the dorsal fin, 13 rays of the anal fin, and 4 rays of pectoral fin. The lower jaw has somewhat projected.