A D/A conversion circuit includes: an output terminal connected to an operational amplifier connected to a quantization circuit; a DAC capacitor; a selection switch switching among reference, first and second voltages to apply to the DAC capacitor as an analog potential; a ground switch connecting the DAC capacitor to a ground; and an output switch connecting the DAC capacitor to the output terminal. In a first period, the selection switch selects one of the reference, first and second voltages according to a quantization result value from the quantization circuit, and connects the one to the DAC capacitor, and the ground switch turns on to charge the DAC capacitor. In a second period, the selection switch selects another one of the first and second voltages, and connects the another one to the DAC capacitor, and the output switch turns on to output the analog potential to the output terminal.