An element body of a rectangular parallelepiped shape has a length in a width direction larger than a length in a height direction and has a length in a longitudinal direction larger than the length in the width direction. A terminal electrode is disposed at an end of the element body in the width direction and extends in the longitudinal direction. The element body includes a pair of principle surfaces opposing each other in the height direction, a pair of end surfaces opposing each other in the longitudinal direction, and a pair of side surfaces opposing each other in the width direction. The terminal electrode includes a conductor disposed on the side surface. The conductor includes a depression having a length in the longitudinal direction larger than a length in the height direction.