A magnetic circuit includes a stationary iron core, a permanent magnet, and an armature, in a circular pattern. A contact mechanism spring separates the armature from the stationary iron core to open the magnetic circuit to switch a contact mechanism to a reset position. A coil on the magnetic circuit generates a magnetic flux in a direction same as that of the permanent magnet when an overload is detected and in an opposite direction when a predetermined time is elapsed after detecting the overload. A reset bar switches a movable stopper between an engaging position and a non-engaging position with the contact mechanism against a biasing force of the contact mechanism spring.