A multi-bit D/A converter circuit that prevents a bit inversion and requires a reduced layout area is offered. A first switching circuit is provided in order to select a pair of analog voltages generated across one of resistors in a first resistor string. The selected pair of analog voltages is provided as reference voltages to a second resistor string. A second switching circuit is provided in order to select a pair of analog voltages generated across one of the resistors in the second resistor string. The selected pair of analog voltages is provided as reference voltages to a third resistor string. A third switching circuit is provided in order to select one of analog voltages generated in the third resistor string.