The present invention relates to a bearing shaft provided with an outer peripheral surface that includes a raceway surface (side surface) on which a rolling element rolls. The bearing shaft is made of steel containing carbon of 0.7% or more. The raceway surface is formed with a nitrogen-enriched layer. The absolute value of compressive residual stress in the surface of the nitrogen-enriched layer (i.e., the surface of a hardened layer which is formed on the side surface of the bearing shaft by shot peening) is 600 MPa or more and 1700 MPa or less. Thereby, it is possible for the present invention to prolong the operation life of a bearing.