Abstract: A raising/lowering-type biaxial hinge for openably and closably coupling a first casing and a second casing in order that one type is compatible with terminal devices of different thicknesses is disclosed. The hinge is composed of a movable hinge shaft attached to a first casing, a fixed hinge shaft attached to a second casing, a first coupling member for movably coupling the movable hinge shaft and for rotatably bearing the fixed hinge shaft at a fixed position. A plurality of second coupling members for rotatably bearing the movable hinge shaft at a shift position and for movably coupling a first displaceable rotary shaft and a second displaceable rotary shaft is provided between the movable hinge shaft and the fixed hinge shaft.