A speed-reducing or -increasing apparatus, with first and second crown gears facing one another, with a cam unit that causes the first crown gear to incline with respect to the second crown gear so that the first crown gear meshes with the second crown gear, that causes the first crown gear to precess in such a manner as to move the meshing position, and couples to an input or output shaft. A rolling element is between the cam unit and the first crown gear, and the cam unit includes a first member that couples to the input or output shaft and a second member made of steel and including a rolling element rolling portion where the rolling element rolls, the second member configured to be incapable of rotating relatively to the first member, and at least part of the first member having a lower specific gravity than the second member.