Multilayer coil component

A multilayer coil component comprising:

• an element body formed by laminating a plurality of insulator layers and having a pair of end surfaces facing each other, a pair of main surfaces facing each other, and a pair of side surfaces facing each other, one of the main surfaces being a mounting surface;
• a coil disposed in the element body with a coil axis extending along a facing direction of the pair of side surfaces;
• and
• a pair of terminal electrodes, each comprising first and second conductor parts disposed orthogonal to each other, and connected to the coil, the first conductor parts being disposed in first recessed portions formed on the mounting surface and the second conductor parts being disposed in second recessed portions formed on the end surfaces, wherein
• the element body has a groove portion provided on the mounting surface,
• the groove portion is disposed between the pair of terminal electrodes and extends to one of the side surfaces and to another one of the side surfaces, and
• a maximum depth of the groove portion into the mounting surface and in a facing direction of the pair of main surfaces is smaller than a thickness of each of the first conductor parts extending into the first recessed portions of the mounting surface, in the facing direction, and
• wherein the multilayer coil component does not include any terminal electrode formed in the groove portion.