An initialization circuit comprises a section signal generator generating a section signal, of which a prescribed section is enabled in response to a power-up signal, a first oscillator generating a first period signal in response to the section signal, a first period multiplier generating a first multiplied signal by multiplying a period of the first period signal, and a signal selector transferring the first multiplied signal or a second multiplied signal selectively as a self-refresh enable signal in response to the section signal.