A polarizer protective sheet includes a base material layer and a light diffusing layer formed on a surface of the base material layer. A plurality of protrusions are formed on an opposite surface of the light diffusing layer from the base material layer, and the protrusions have a substantially arc-shaped section. The average radius of the protrusions is 10 μm or more and 100 μm or less, and the average height of the protrusions is 10 μm or less.