A hot and cold water mixing valve including a temperature adjusting dial, and a cylindrical casing having formed therein a hot water inlet and a cold water inlet is provided with a control valve member in which one end thereof is subjected to a load from a biasing member and the other end is subjected to a load from an actuator. By balancing between the loads applied by the biasing member and the actuator, a mixture ratio between the hot water which flows in through the hot water inlet and the cold water which flows in through the cold water inlet is adjusted. A temperature adjuster adjusts a position of the control valve member through the biasing member and includes a tapered skirt portion, which spreads in a radial direction, at an end on the control valve member side thereof.