A power converter includes: a multiphase inverter circuit including a plurality of switching elements; a plurality of current sensors each configured to detect a current of the inverter circuit and output a value of the current detected; a terminal voltage detector configured to detect a voltage of each terminal of a load connected to the inverter circuit and output a value of the voltage detected; a switching element drive circuit configured to control the plurality of switching elements of the inverter circuit according to a switching pattern given; a fault detector configured to detect a fault in the inverter circuit or the plurality of current sensors; and a fault identifier configured to, after the fault detector detects the fault, switch the switching pattern to be given to the switching element drive circuit according to types of faults detectable by the fault detector, and perform identification processing of identifying a type and a location of the fault in the inverter circuit or the plurality of current sensors based on the value of the current detected by the plurality of current sensors or the value of the voltage detected by the terminal voltage detector during the control according to the switching pattern.