The invention aims to provide a multilayer ceramic capacitor with high dielectric
constant, a high capacitance, and an excellent reliability by eliminating oxygen
vacancy in dielectric layers and suppressing oxidation of Ni inner electrodes.
The multilayer ceramic capacitor comprises a multilayered dielectric body composed
by alternately piling up dielectric layers containing mainly barium titanate and
inner electrode layers containing mainly Ni and a first hetero-phase containing
Mg—Si—O as constituent elements exists in the capacitor.