The present technology relates to a reproduction device, a reproduction method, and a recording medium capable of displaying graphics with a broader dynamic range of luminance and appropriate brightness.An optical disc records STN_table associating HDR graphics, which are graphics having a second luminance range different from and broader than a first luminance range, with tone_mapping_info including HDR information indicating a luminance characteristic of the HDR graphics and tone_mapping_info, which is tone mapping definition information used when luminance conversion from the HDR graphics to STD graphics which are graphics having the first luminance range is performed, the HDR graphics, and the tone_mapping_info. The present technology is applicable to a recording medium recording graphics.