A high-performance information processing technique permitting updating of an instruction buffer ready for effective prefetching to branch instructions and returning to the subroutine with a small volume of hardware is to be provided at low cost. It is an information processing apparatus equipped with a CPU, a memory, prefetch means and the like, wherein a prefetch address generator unit in the prefetch means decodes a branching series of instructions including at least one branched address calculating instruction and branching instruction to a branched address out of a current instruction buffer storing the series of instructions currently accessed by the CPU, and thereby looks ahead to the branching destination address. The information processing apparatus further comprises a RTS instruction buffer for storing a series of instructions of the return destinations of RTS instructions, and series of instructions stored in the current instruction buffer are saved into the RTS instruction buffer.