A DC/DC converter is supplied such that the desired output setting voltage can be obtained as the load-side output, even when the difference between the power supply voltage and the output setting voltage of the load-side output is large. This DC/DC converter comprises a switching device, a voltage divider, an error amplifier, an oscillator which outputs a oscillation clock, a slope circuit which receives the oscillation clock and outputs a sawtooth waveform voltage having a slope which begins at the leading edge of the oscillation clock, a comparator which compares the sawtooth waveform voltage and the output voltage of the error amplifier, and a logic circuit which is set by the trailing edge of the oscillation clock, and is reset by the output of the comparator.