A valve unit (V) has a valve housing (50) that includes a supply oil passage (55) configured to receive operating oil from a hydraulic pump, and a pressure adjustment valve (Va) configured to adjust the pressure of the supply oil passage (55). The pressure adjustment valve (Va) includes a pressure adjustment valve body (61) configured to open and close the supply oil passage (55), a compression coil spring (62) that keeps the pressure adjustment valve body (61) at a closed position when the pressure of the supply oil passage (55) is smaller than a set value and allows the pressure adjustment valve body (61) to open when the pressure of the supply oil passage (55) is not smaller than the set value, and a restriction member (63) configured to, when the pressure adjustment valve body (61) becomes open against the urging force of the spring (62) in response to a pressure of the operating oil, abut against the pressure adjustment valve body (61) to restrict movement of the pressure adjustment valve body (61).