A termination resistance adjustment circuit includes a replica circuit having the same characteristics as drive circuits; a current source being able to adjust the amount of a load current of the replica circuit; a voltage generation circuit to generate a plurality of reference voltages respectively corresponding to a plurality of values of the input data with the plurality of bits; a comparison circuit to compare an output voltage of the replica circuit with the reference voltages; and a control circuit to change the amount of the load current by controlling the current source, to calculate values of the output resistances of the replica circuit for each of the plurality of levels, and to adjust the number of use of the drive circuits for each bit of the input data, based on the calculated values of the output resistances for each of the plurality of levels.