A recording playback apparatus includes a video-signal converter performing certain signal processing to a video signal that is externally received and outputting the resulting video signal; a recorder player storing and playing back the video signal; and a controller switching between a normal mode and an edit mode on the basis of control by an editing apparatus controlling the recording playback apparatus. In the normal mode, a video signal played back by the recorder player is supplied to a display where the video signal is displayed as an image. In the edit mode, switching between a first video signal supplied from the video-signal converter and a second video signal resulting from addition of a delay corresponding to a time necessary for the signal processing in the video-signal converter to a video signal played back by the recorder player is performed to display the resulting video signal in the display.