Abstract
In this research, we put the viewpoint on the Intergenerational Exchange Program, and considered comprehensive evaluation from using subjective and objective indicators. Specifically, a Picture Diary had required to the children participants, an Observing Report had required to the program observers, a Face Picture Scale and AMY (alpha amylase) Stress Test had required to the elderly participants. After statistics analysis about obtained data, we classified each stress level they had following the activities. The results: both the children participants and program observers had had positive feelings or evaluations after the program (p<.01). On the other hand, the elderly participants’ stress levels had increased significantly (p<.05).However their subjective mood had also increased (p<.05). This result may indicate that their stress after the program was in fact eustress.