In order to propose a hollow poppet valve having an excellent, high strength to weight properties by constructing it in order that no influence from welding heat is exerted onto the face, and no stress is concentrated at the welded portion, and a method for manufacturing the same valve, a fillet area 14 opened like a flare is integrally formed at one end of the cylindrical stem portion 12, and a cap is integrally welded to the open edge portion of the fillet area, wherein only the open edge portion of the fillet area 14 is made thicker than the other portions, and the face 15 is formed on the thicker portion 30. Thereby, it is possible to prevent the hardness of the face 15 from being lowered due to the cap welding heat, and stress from being concentrated at the welded portion, whereby the property of high strength to weight can be improved.