Abstract: It is aimed to provide a laminated varistor capable of reducing stray capacitance to occur between an internal electrode and an external electrode, and also capable of reducing a variation in the stray capacitance due to a variation in the external electrode. A laminated varistor of the present disclosure has external electrodes on first end surface, second end surface, and first side surface of sintered body. No external electrode is provided on second side surface opposite to first side surface. Varistor regions in which internal electrodes overlap each other in a laminating direction are provided at positions closer to second side surface than to first side surface.

Abstract: A stacked varistor having a small variation in electrostatic capacitance is obtained. The stacked varistor includes first internal electrode projection extending from third internal electrode toward first end surface between first side surface and first varistor region, and second internal electrode projection extending from third internal electrode toward second end surface between first side surface and second varistor region . First internal electrode projection extends closer to first end surface than a line connecting point closest to first end surface of first varistor region and point closest to first end surface of third external electrode is. Second internal electrode projection extends closer to second end surface than a line connecting point closest to second end surface of second varistor region and point closest to second end surface of third external electrode is.