According to one embodiment, a transimpedance circuit includes: a transimpedance amplifier that converts a current signal into a voltage signal, a reference voltage generating circuit that generates a reference voltage signal, and a comparator that generates a pulse signal corresponding to the current signal in accordance with a voltage level of the voltage signal and a voltage level of the reference voltage signal. The transimpedance amplifier includes a first transistor that amplifies the current signal, a voltage converter that converts the current signal into a voltage signal, and a bypass circuit that allows the current signal to be bypassed when the current signal which flows through a control terminal of the first transistor exceeds a predetermined value.