An image projection device performing pixel shift in synchronization with sequential updating of image data is disclosed that is able to start and stop pixel shift operations within a period of updating the image frames while maintaining brightness of the image. The image projection device has an intermediate image formation optical system including a light valve able to update an image frame in a line-sequential manner, a pixel shift unit to shift the light path of a light beam from the light valve so as to shift a position of an image formed on the light valve, and an intermediate image formation unit arranged on the light path between the light valve and the pixel shift unit for forming an intermediate image of the image on the light valve at a position of the pixel shift unit.