Flavonoids extracted from the roots of Petasites japonicus were evaluated for their cytoprotective, antioxidant, and anti-aging effects. The MTT assay confirmed that cell viability remained above 95% across concentrations up to 12 μg/mL, indicating no cytotoxicity. The extract demonstrated strong DPPH radical scavenging activity in a concentration-dependent manner, reaching 86.7% at 12 μg/mL, which is comparable to vitamin C. ROS scavenging activity also increased with dosage, showing significant suppression at concentrations of 6 μg/mL and above, thus effectively mitigating oxidative stress. Collagen synthesis assays revealed an initial decrease at low concentrations, followed by a clear recovery and significant enhancement at higher doses (10–12 μg/mL). Additionally, the extract inhibited collagenase activity, with notable suppression occurring at concentrations above 10 μg/mL, suggesting protective effects against collagen degradation. Elastase activity was reduced in a dose-dependent manner, achieving over 60% inhibition at 10–12 μg/mL. These results imply that flavonoids have dual functions: they stimulate collagen production while suppressing the enzymes that degrade collagen and elastin. The strong antioxidant and anti-inflammatory potential of these flavonoids likely contributes to their protective effects on dermal structure and function. Collectively, these findings highlight the potential of flavonoids as promising natural ingredients for anti-aging cosmetics and skin health applications.