In the case where the duty cycle of the PWM signal exists and the duty cycle of the PWM signal is constant for a certain period, a feedback control circuit is operated intermittently with the duty cycle fixed. Specifically, a power supply circuit includes an A/D converter circuit for forming a digital value based on an analog value obtained by monitoring an output voltage based on a reference voltage, a digital filter circuit for smoothing the digital value, a PWM signal generator circuit for generating a PWM signal based on an output value of the digital filter circuit, and an operation mode control circuit for controlling a circuit operation mode based on the duty cycle of the PWM signal.