A capacitor module includes a smoothing capacitor, a P-side Y capacitor and a N-side Y capacitor as noise absorbing capacitors, a capacitor case, a P-side bus bar, a N-side bus bar, and a ground bus bar. A virtual plane along a P-side electrode surface, which is an electrode surface on a high potential side of the smoothing capacitor, is referred to as a P-side virtual plane. A virtual plane along a N-side electrode surface, which is an electrode surface on a low potential side of the smoothing capacitor, is referred to as a N-side virtual plane. A region between the P-side virtual plane and the N-side virtual plane is defined as a PN region. The entire noise absorbing capacitor and the entire ground bus bar are arranged in the PN region.