A display system in an embodiment according to the present invention includes a display panel, a backlight located at a back surface side of the display panel and that emits light toward the display panel, a reflective panel located at a front surface side of the display panel and having a light receiving surface inclined obliquely in a direction perpendicular to an optical axis of the backlight, and a magnifying mirror disposed at a position where a reflected light from the reflective panel is received. The reflective panel includes a reflection region and a transmission region in the light receiving surface, and a position and a size of the reflection region and the transmission region are variable.