In order to explore whether leaf area of developing leaves was regulated by systemic irradiance signal from mature leaves, we investigated the leaf area, leaf anatomy, photosynthesis, auxin, gibberellin, and cytokinin contents of new developing leaves in soybean growing under conditions of shaded mature leaves (MS), shaded whole plants (WS), and under full sunlight (NS). The results showed that developing leaves under MS exhibited the higher leaf area and leaf mass than that of WS. Blade thickness, palisade tissue thickness, sponge tissue thickness, cell size, cell numbers, net photosynthetic rate, stomatal conductance, transpiration rate, and cytokinin content of developing leaves under MS were lower, while auxin and gibberellin contents were higher than that of NS. These results indicate that the leaf area, leaf anatomy, and photosynthesis of developing leaves were regulated by the shading environment of mature leaves. Growth hormones may possibly act as candidate signal substances to systemic regulation of leaf area development.