In a video signal recording/reproducing apparatus capable of outputting as a reproduced video signal a video signal which has been recorded in advance, a cuttable portion detection section detects a cutting portion in the received video signal while recording a received video signal. A cuttable portion identification section identifies whether or not a reproduced video signal reproduced from a storage device belongs to the cuttable portion detected by the cuttable portion detection section. A switch judgment section receives a result of detection by the cuttable portion detection section and a result of identification by the cuttable portion identification section, and gives an output switch section an instruction to switch a video signal to an output switching section when the switch judgment section judges that the reproduced video signal and the received video signal are contained in the same cuttable portion.