A low-cost tip dressing cutter causing no accumulation of swarf around a breaker is provided. A surface of a breaker 5 facing a cutting plate 4 corresponds to a recessed surface 52. The diameter of the recessed surface 52 gradually decreases with increasing distance from the outer periphery of the recessed surface 52 facing the cutting plate 4 in a direction opposite to the cutting plate 4. A through hole 51 is formed at the center of the breaker 5, A screw 6 inserted through the through hole 51 is screwed to a fastening hole 33a of a holder 3 to attach the cutting plate 4 to the breaker 5.