In a read/write device for writing and reading a storage medium by way of a heat assisted magnetic recording/reproduction scheme, the read/write device including an elevated slider provided with a semiconductor laser, provided is a heat dissipation mechanism for dissipating heat generated in the elevated slider to an outside of a housing of the read/write device. Further, the storage medium has a second heatsink layer formed of an Al film having a thickness of 50 μm, a backing layer, a heat barrier layer, a first heatsink layer, a magnetic recording layer, and a protection film on a glass substrate. With this arrangement, in a read/write device which performs a heat assisted magnetic recording and reproduction by a semiconductor laser provided on the elevated slider, the occurrence of malfunction due to temperature rises in the storage medium is prevented.