A DC/DC power conversion device includes n-stage circuits comprised of an inverter circuit for driving which is connected between positive terminals and negative terminals of smoothing capacitors, and a rectifier circuit which is connected between positive terminals and negative terminals of smoothing capacitors; a first circuit corresponding to at least one among the n-stage circuits and configured by connecting in parallel cell circuits of m, second circuits corresponding to a plurality of remaining circuits of (n-1) among the n-stage circuits; capacitors for energy transfer connected between middle points of the cell circuits and middle points of the second circuits; and column circuits of m comprised of the cell circuits, the second circuits and the capacitors for energy transfer, wherein the middle points are contact points of high voltage sided elements and low voltage sided elements of the cell circuits and the second circuits; and driving signals for driving the respective column circuits have the same driving cycle and are out of phase with each other.