During the early part of a seismic swarm preceding eruption and caldera formation at Miyakejima Volcano, discoloured sea surfaces were observed ∼1.5 km off the western coast of Miyakejima on 27 June 2000. A later survey of the area using a multi-beam side scan sonar and a remotely operated small submarine revealed four craters of 20-30 m diameter aligned east-west in a 100×10-30 m area on the seafloor, with hot water at ∼140°C being released from one of the centres. Each crater consists of submarine spatter overlain in part by scoria lapilli. Dredged spatter from the craters was fresh, and there was no evidence of activity of marine organisms on the spatter surface, indicating that the discoloured sea surface resulted from magmatic eruption on the seafloor. This eruption occurred when a westward-propagating seismic swarm, initiated beneath Miyakejima's summit, passed through the area. Finding new magma on the seafloor demonstrates that this seismic swarm was associated with intruding magma, moving outward from beneath Miyakejima. Submarine spatter shows flattened shapes with a brittle crust formed by cooling in water, and its composition is aphyric andesite of ∼54 wt% SiO2. The spatter is similar in whole rock and mineral composition to spatter erupted in 1983. However, the wide range of Cl in melt inclusions in plagioclase of the 27 June submarine spatter shows that it is not simply a remnant of the 1983 magma, which has only high Cl melt inclusions in plagioclase. The mixed character of melt inclusions suggests involvement of a magma with low Cl melt inclusions. The magma erupted explosively on 18 August from Miyakejima's summit, considered as the second juvenile magma in this eruption, contains low Cl melt inclusions in plagioclase. Based on these observations and the eruption sequence, we present the following model: (1) A shallow magma chamber was filled with a remnant of 1983 magma that had evolved to a composition of 54-55 wt% SiO2. (2) Injection of the 18 August magma into this chamber generated a mixed magma having a wide range of Cl in melt inclusions contained plagioclase. The magma mixing might have occurred shortly before the submarine eruption and could have been a trigger for the initiation of the removal of magma from the chamber as an extensive dyke, which eventually led to caldera subsidence. © Springer-Verlag 2005.