An image pickup apparatus includes an image pickup device that converts an image entering through a lens system into a captured image; a display unit that displays an image with a first field angle obtained from the captured image that is currently being shot; a moving distance detecting unit that detects a moving distance between images with the first field angle based on a plurality of images with the first angle sequentially captured; a partial image storing unit that stores an image with a second field angle that is less than the first field angle; and a panorama composing unit that composes a panoramic image based on a plurality of images with the second field angle stored in the partial image storing unit and the moving distances between the images with the first field angle that are respectively associated with the plurality of images with the second field angle.