In order to realize a high performance(low loss, high isolation) microwave power divider/combiner, we have designed the power combiner/divider precisely in accordance with the different hight of central part. In the case of the high central part of the hight of $h_r$=10.2, a compensating part of the conical line is inserted in the conical conversion transmission line, and in the case of low central part of the hight of $h_r$=5.0, the conical conversion transmission line is remodeled into the 2-stage bend structure. In both case, the reflection characteristics are improved to 30dB over the operating frequency range of 5GHz bandwidth. A resistance is inserted between the peripheral ports so as to try to improve the isolation characteristics of the device. For the 16-divider/combiner, the isolation characteristics are improved to 10dB over the operating frequency range of 5GHz bandwidth.