Three rice paddy fields under farmers’ actual management conditions were investigated from May to April at Bibai (43°18′N, 141°44′E), in central Hokkaido, Japan to evaluate the carbon (C) sequestration and contribution of CO2, CH4 and N2O fluxes to a global warming potential (GWP). CH4 and N2O fluxes were measured by placing the chamber over the rice plants covering four hills and CO2 fluxes from rice plants root free space in paddy fields were taken as an indicator of soil microbial respiration (Rm) using the closed chamber method. Annual cumulative Rm ranged from 422 to 519 g C m-2 yr-1; which accounted for 54.7 to 55.5 % mainly during the rice growing season. Annual cumulative CH4 emission ranged from 75.5 to 116 g C m-2 yr-1 and this contribution occurred entirely during the rice growing period. Annual cumulative N2O emission ranged from 0.091 to 0.154 g N m-2 yr-1 and 73.5 to 81.3% of the positive annual N2O emission observed during the winter-fallow season. Soil C sequestration was estimated as the difference between net primary production (NPP) and C loss through Rm, CH4 emission and crop C harvest. The soil C sequestration ranged from -305 to -365 g C m- 2 yr-1, indicating that the C loss could not be compensated for by C input through NPP. Carbon loss was much higher (62 to 66%) in winter-fallow season than growing season. The annual net GWP from the investigated paddy fields ranged from 3823 to 5016 g CO2 equivalent m-2 yr-1. Annual GWPCH4 accounted for 71.9 to 86.1% of the annual net GWP predominantly from the rice growing period. These results indicate that CH4 dominated the rice paddy’s net GWP.