An image processing apparatus having an input unit for inputting an image signal and an image corrector for correcting the input image signal is disclosed. The image corrector is arranged to extract from the input image signal a specular reflection component and a diffuse reflection component and generate a corrected image signal based on a computation result with respect to these specular and diffuse reflection components thus extracted. This image corrector is adaptable for use in various types of image processors, including projectors, display devices and imaging devices.