An imaging-observation apparatus according to the present disclosure includes: an image capturing section that shoots a subject under multiple different shooting optical conditions at the same time and sequentially generates a plurality of images under those multiple different shooting optical conditions; a display control section that accepts an operator's input; an image synthesizing section that synthesizes together the plurality of images in accordance with the input to the display control section at a synthesis ratio specified by the input and sequentially generates synthetic images one after another; and a display section that presents the synthetic images.