A thermomagnetic recording and reproducing head includes a floating slider, and a heating head, a reproduction-use magnetic head as an MR head and a recording-use magnetic head as a thin-film inductive head mounted on the floating slider in this order from an upstream side of a track. The heating section of the heating head is formed by boron nitride or ruthenium oxide, and has a width narrower than the widths of the reproduction-use magnetic head and recording-use magnetic head. Moreover, the recording layer of a disk medium is made from an N-type ferrimagnetic material, the coercive force of the recording layer at a recording temperature and saturation magnetization thereof at a reproduction temperature are adjusted, and the compensation temperature of the recording layer is adjusted to be substantially room temperature. The thermomagnetic recording and reproducing head can realize a narrow track without decreasing the widths of the recording-use magnetic head and reproduction-use magnetic head, thereby increasing the track density.