An element blanking apparatus for blanking from a flat plate-like material a CVT belt element that is formed by a body portion to be placed on an inner periphery of a CVT belt hoop, a head portion to be placed on an outer periphery of the CVT belt hoop, and a neck portion connecting the head portion and the body portion at a central position, comprising: a die having a blanking blade that has an opening shape conforming to a planar shape of the element to be formed; an ejector that has a sectional shape conforming to the opening shape of the blanking blade and is located inside the blanking blade; a punch that has a sectional shape conforming to the opening shape of the blanking blade and moves downward into the blanking blade to blank the element together with the blanking blade; and a pusher that is located around the punch and presses the flat plate-like material against the die, wherein an upper surface of the ejector has a body portion-side upper surface portion in a region that is located on one side in a lateral direction and that is used to form the body portion, and a head portion-side upper surface portion in a region that is located on the other side in the lateral direction and that is used to form the head portion and the neck portion, the body portion-side upper surface portion has a raised surface in a region located on the one side in the lateral direction, and the raised surface is raised with respect to a region of the body portion-side upper surface portion which is located on the other side in the lateral direction, and the element blanking apparatus is able to move the punch downward to press the flat plate-like material by the punch and the ejector, and thus is able to form a reduced thickness portion in the flat plate-like material by the body portion-side upper surface portion, is able to move then the pusher downward to press the flat plate-like material against the die by the pusher, and is able to move subsequently blank the element by the punch and the blanking blade; characterized in that the head portion-side upper surface portion has a lowered surface in a region located on the other side in the lateral direction, and the lowered surface is able to tilt downward toward the other side in the lateral direction, and the lowered surface is able to be face a lower surface of the flat plate-like material in a generally parallel manner when the body portion-side upper surface portion contacts the lower surface of the flat plate-like material and the ejector is able to be tilted in a clearance between the ejector and the blanking blade so as to be lowered on the one side in the lateral direction. a die having a blanking blade that has an opening shape conforming to a planar shape of the element to be formed; an ejector that has a sectional shape conforming to the opening shape of the blanking blade and is located inside the blanking blade; a punch that has a sectional shape conforming to the opening shape of the blanking blade and moves downward into the blanking blade to blank the element together with the blanking blade; and a pusher that is located around the punch and presses the flat plate-like material against the die, wherein the head portion-side upper surface portion has a lowered surface in a region located on the other side in the lateral direction, and the lowered surface is able to tilt downward toward the other side in the lateral direction, and the lowered surface is able to be face a lower surface of the flat plate-like material in a generally parallel manner when the body portion-side upper surface portion contacts the lower surface of the flat plate-like material and the ejector is able to be tilted in a clearance between the ejector and the blanking blade so as to be lowered on the one side in the lateral direction.