<p>In the code modulation system for converting input data levels into an output signal in the form of code words by providing M input levels among N input levels assigned to input data with stairlike code weights on the basis of the input levels, (N-M) input levels which are the difference between said N input levels and said M input levels are respectively disposed near transition points where said stairlike code weight is changed, and the code weights are provided with hysteresis in the ascent process and the descent process of the input data level.</p>
