An object information acquiring apparatus of the present invention includes a light source generating light having a first and a second wavelength, a conversion element receiving photoacoustic waves from an object and outputs first and second reception signals, a characteristic information acquiring unit acquiring first and second characteristic information distributions and acquiring a substance concentration distribution inside the object, a position shift acquiring unit acquiring a position shift between the first and second characteristic information distributions, and a display controlling unit displaying an image based on the substance concentration distribution and the position shift.