A semiconductor memory device includes a memory cell, a reference cell, a first current source configured to cause a first current to flow through the memory cell, a second current source configured to cause a second current having an amount thereof being variable to flow through the reference cell, a sense amplifier configured to compare a voltage responsive to a voltage drop across the memory cell with a voltage responsive to a voltage drop across the reference cell, and a current-amount setting circuit configured to determine the amount of the second current, wherein the current-amount setting circuit determines the amount of the second current such that the voltage drop across the reference cell is equal to a midpoint between the voltage drop across the memory cell having a data value of “0” stored therein and the voltage drop across the memory cell having a data value of “1” stored therein.