In a damping valve having a partition that separates a first chamber and a second chamber, a valve seat that is formed on an end surface of the partition facing the first chamber or the second chamber; and a leaf valve whose outer-circumferential end portion is separably seated on the valve seat, the leaf valve has a plurality of orifices for allowing working fluid to flow therethrough in the outer-circumferential end portion, and the plurality of orifices are concentrated in an arbitrary region along a circumferential direction in the outer-circumferential end portion of the leaf valve.
