A method for manufacturing a multilayer coil component 1 includes: a step of forming an insulator layer 10; a step of forming a first coil conductor 20, a second coil conductor 21, a third coil conductor 22, and a fourth coil conductor 23; a step of obtaining a laminate L formed by laminating the insulator layer 10, the first coil conductor 20, the second coil conductor 21, the third coil conductor 22, and the fourth coil conductor 23; and a step of forming terminal electrodes 4 and 5 on the outer surface of the laminate L by a photolithography method.