A heat dissipating member is formed so as to be opposed to a reflection type liquid crystal panel. The heat dissipating member includes a heat receiving portion that is opposed to a reflection type light modulation element and has a heat receiving surface for receiving heat from the element, a heat dissipating fin that dissipates heat received on the heat receiving portion to the outside. The heat receiving portion has heat receiving convexes which project to the side at which the element is arranged from the heat receiving surface, and the convexes are formed such that ratios of areas of tip surfaces of the heat receiving convexes with respect to a unit area are larger on a center portion of a heat reception acceleration region rather than on an end of the heat reception acceleration region.