Multilayer capacitor

A multilayer capacitor comprising:

• a laminate including:
• an obverse surface and a reverse surface facing way from each other in a first direction, and
• a first side surface and a second side surface facing away from each other in a second direction orthogonal to the first direction;
• a first side electrode covering the first side surface;
• and
• a second side electrode covering the second side surface, wherein
• the laminate comprises:
• a laminated structure in the first direction that includes a plurality of conductor layers,
• a plurality of dielectric layers, and
• a plurality of insulating layers,
• the plurality of conductor layers include first conductor layers and second conductor layers that are spaced apart from each other in the first direction,
• each of the first conductor layers is connected to the first side electrode and is spaced apart from the second side electrode,
• each of the second conductor layers is connected to the second side electrode and is spaced apart from the first side electrode,
• the plurality of insulating layers have a lower dielectric strength than the plurality of dielectric layers,
• each of the plurality of dielectric layers is sandwiched between one of the first conductor layers and one of the second conductor layers, and the plurality of insulating layers include:
• one insulating layer that is sandwiched between two of the first conductor layers between two of the dielectric layers that are adjacent in the first direction, and
• one insulating layer that is sandwiched between two of the second conductor layers between two of the dielectric layers that are adjacent in the first direction,
• each of the plurality of dielectric layers is in direct contact with the first side electrode and the second side electrode, and
• each of the plurality of dielectric layers is formed as an individually separate member and is spaced apart from each other in the first direction.