A method is described for cutting a plurality of molded cores. Each core includes an annular magnetic body made of a magnetic material and a covering part made of an insulating resin that covers the magnetic body. The method includes coupling each of the molded cores side by side in an axial direction, and cutting the molded cores at a first cutting part and at a second cutting part that transect an outer peripheral surface and an inner peripheral surface and approach each other toward an inner periphery direction of the molded core. The main body has a main body-side first end face formed by cutting at the first cutting part and a main body-side second end face formed by cutting at the second cutting part. A segment has a segment-side first end face formed by cutting at the first cutting part and a segment-side second end face formed by cutting at the second cutting part.