According to one embodiment, a recording/reproduction apparatus includes a power source controller. The power source controller includes a determination unit, a stand-by mode execution unit, and a pause mode execution unit. The determination unit determines whether or not an event associated with at least one of recording and reproduction of the information signal occurs at start-up time. The stand-by mode execution unit executes a stand-by mode in which the power level of each of the encoder, the decoder, the recording medium, and the plurality of signal processors is controlled to be lower than a predetermined level. The pause mode execution unit executes a pause mode in which the power to each of the encoder, the decoder, the recording medium, and the plurality of signal processors is turned off, and the power level of the process controller is controlled to be lower than the predetermined level.