A multi-output type DC/DC converter including: a reactor connected to a direct-current power supply; a first switching circuit to apply a current to the reactor; a second switching to switch an output from the reactor to any one of output terminals; output voltage detection units to detect voltages of the output terminals; comparison circuits to compare outputs of the output voltage detection units with a waveform signal of a predetermined frequency; and an output selection unit to receive outputs of the comparison circuits as inputs, the output selection unit selecting an output of a comparison circuit, the output having an earlier rise or an earlier fall, to generate a plurality of control signals pertaining to on and off of the first switching circuit and/or the second switching circuit, the output selection unit treating the plurality of control signals in accordance with a predetermined priority order when the outputs of the plurality of comparison circuits change almost at the same time, wherein a current generated by a discharge of energy accumulated in the reactor is output to any one of the output terminals in accordance with the control signals generated by the output selection unit.