Abstract: A surge absorbing element has a first electrode, a second electrode, and a ceramic layer. The second electrode is opposed to the first electrode. The ceramic layer has a polycrystal structure including a plurality of crystal grains showing voltage nonlinearity, and is at least partially brought into contact with the first electrode and the second electrode. The ceramic layer has a void inside therein, and surface discharge is generated on surfaces, exposed to the void, of the crystal grains, whereby electric conduction is attained between the first and second electrodes.

Abstract: A surge absorbing element has a first electrode, a second electrode, and a ceramic layer. The second electrode is opposed to the first electrode. The ceramic layer has a polycrystal structure including a plurality of crystal grains showing voltage nonlinearity, and is at least partially brought into contact with the first electrode and the second electrode. The ceramic layer has a void inside therein, and surface discharge is generated on surfaces, exposed to the void, of the crystal grains, whereby electric conduction is attained between the first and second electrodes.

Abstract: A composite electronic component which can adjust a capacitance obtained due to an overlap of inner layer capacitor electrode parts sandwiching dielectric sheets by changing an overlapping area of the inner layer capacitor electrode parts, and in which an identification mark has been provided lower than a height of an external electrode of a laminated body, whereby an adjustment of an electric capacitance is easy and, by the fact that the identification mark does not protrude, a mounting performance when the composite electronic component is mounted by being sucked by a suction nozzle is improved.