A DC/DC converter that is small, light, highly efficient, and inexpensive are provided which includes a DC power supply input section, a first and second capacitor connected in series, and an output section connected to the series connected first and second capacitors, a switching device that switches a plurality of switches which incorporate a configuration for connecting a power supply of the DC power supply input section, to the first capacitor and the second capacitor, and a switching control device that controls ON/OFF switching of the respective switches in the switching device in accordance with an operation mode.