The present toroidal-type continuously variable transmission comprises input and output disks coaxially disposed so as to be opposed to each other, and a pair of power roller bearings, each power roller bearing including an inner race, an outer race, and power rollers disposed so as to roll on the toroidal surfaces of the input and output disks. At least one of the input and output disks and power rollers are made of medium-carbon steel containing carbon in an amount ranging from 0.3 wt %-0.5 wt %, to thereby have a very long life.