A magnetic disk apparatus having a highly sensitive reproducing head and a
method for manufacturing the magnetic disk apparatus are disclosed. A
spin-valve-type multilayer film composed of an antiferromagnetic layer, a
ferromagnetic layer, a nonmagnetic layer and a free magnetic layer is
used as a magnetoresistive-effect device for the reproducing head. An
antiferromagnetic reaction layer is formed between the antiferromagnetic
reaction layer and the ferromagnetic layer. The antiferromagnetic
reaction layer is formed of a metallic compound containing oxygen.