A multilayer capacitor comprises a multilayer body and a plurality of terminal electrodes formed on the multilayer body. The plurality of terminal electrodes include first and second terminal electrodes. The multilayer body is constructed by alternately laminating a plurality of dielectric layers and first and second inner electrode layers. The first inner electrode layer includes a first lead electrode electrically connected to the first terminal electrode and a first capacitor electrode forming a capacitance component. The portion positioned between a pair of slits provided in the first capacitor electrode is continuous with the first lead electrode. The second inner electrode layer includes a second lead electrode electrically connected to the second terminal electrode and a second capacitor electrode forming a capacitance component. The portion positioned between a pair of slits provided in the second capacitor electrode is continuous with the second lead electrode.