In an isolated switching power supply apparatus, by performing on/off control of a first switching device and a second switching device, energy is transmitted from the primary side to the secondary side using a second primary winding and a second secondary winding while the first switching device is on, and energy is transmitted by a first primary winding and a first secondary winding while the second switching device is on. The first secondary winding and the second secondary winding are connected in series with one another, and an inductor is inserted in series to the second secondary winding. An output current is made to flow through the inductor irrespective of whether the first switching device is on or the second switching device is on.