After an annular plate is blanked from a metal flat plate in a blanking step, an inner peripheral portion of the annular plate is deformed upward in a burring step. As a result, a hat-shaped intermediate product having an upstanding tubular portion and an annular plate portion is formed. After that, an outer peripheral portion of the annular plate portion is folded step by step toward an inner peripheral side of the annular plate portion. As a result, a folded portion composed of a first folded portion and a second folded portion is formed, whereby a connection portion having a second flange portion is formed.