A multilayer capacitor comprises a multilayer body in which dielectric layers and first and second inner electrodes are alternately laminated, and first and second terminal conductors and first and second outer connecting conductors. At least one each of first and second terminal conductors and the first outer connecting conductor are formed on a first side face of the multilayer body. At least one each of the first and second terminal conductors and the second outer connecting conductor are formed on a second side face of the multilayer body opposing the first side face. Each inner electrode is electrically connected to the corresponding outer connecting conductors. First and second inner connecting conductors electrically connected to the corresponding terminal and outer connecting conductors are laminated in the multilayer body. An equivalent series resistance is set to a desirable value by adjusting the number or positions of the inner connecting conductors.