A power generation element uses an inverse magnetostrictive effect and includes: a frame yoke made of a magnetic material and having a bent part for forming a closed magnetic circuit, a magnetic part formed in a part of the frame yoke, a magnetostrictive plate made of a magnetostrictive material, a coil, and magnets. The magnetic part has rigidity and geometry for applying a uniform compressive force or tensile force to the magnetostrictive plate and is magnetically saturated by magnetic biases of the magnets. The magnetostrictive plate is attached to the frame yoke so as to be parallel to the magnetic part. The coil is wound around a parallel beam part including the magnetostrictive plate and the magnetic part and/or around the frame yoke. An application of an external force causes the magnetostrictive plate to be extended and compressed and causes the generation of electricity.