Abstract: An isolated DC/DC converter includes a transformer having a first winding and a secondary winding, a switching transistor connected to the primary winding of the transformer, a rectifier element connected to the secondary winding of the transformer, a photocoupler, a feedback circuit configured to drive a light emitting element on an input side of the photocoupler by a forward current corresponding to an error between an output voltage of the DC/DC converter and a target voltage of the DC/DC converter, a conversion circuit configured to convert a collector current flowing in a light receiving element on an output side of the photocoupler into a feedback voltage having a negative correlation with the collector current, a pulse signal generator configured to generate a pulse signal corresponding to the feedback voltage, and a driver configured to drive the switching transistor depending on the pulse signal.