A magnetostrictive torque sensor system stabilizes and detects steering torque applied to a steering shaft. The sensor system comprises magnetic-characteristic variation parts that are provided to the steering shaft, wherein magnetic characteristics of the magnetic-characteristic variation parts change in accordance with the applied torque; coils that are positioned around the magnetic-characteristic variation parts and that respond to changes in the magnetic characteristics; resistance elements that are serially connected to the coils; voltage-applying means for periodically applying a voltage to serial circuits that are formed from the coils and the resistance elements; terminals for retrieving changes in the terminal voltage of the coils; phase-shifting means for inverting the phase of the change in the terminal voltage of the coils; selecting means for alternatingly selecting and outputting the voltage change in the terminals and the voltage change in the output ends of the phase-shifting means; and smoothing means for smoothing the voltage signals output from the selecting means and for outputting a direct-current voltage.