According to one embodiment, a code reading apparatus includes an image capturing unit, a first reading unit, a second reading unit and an information output unit. The image capturing unit captures an image picked up by an imaging unit. The first reading unit detects one of an image of a code symbol and an image of benefit indication from the image captured by the image capturing unit and reads commodity information corresponding to the code symbol or benefit information corresponding to the benefit indication from the detected image. The second reading unit causes, for a predetermined time after the first reading unit reads the information, until the first reading unit detects the other image not detected yet, the image capturing unit to capture the image and reads, if the first reading unit detects the other image, one of the commodity information and the benefit information from the detected other image. The information output unit outputs the information read by the second reading unit together with the information read by the first reading unit.