The electromagnetic noise generates when natural frequencies of a stator core with wingdings and frame coincide with or approach natural frequencies of the magnetic motive force. In order to suppress such noise, the estimation of natural frequencies of the motor is important at the design stage. However, the natural frequency analysis is not so easy because motor stator is in the laminated plate structure and windings are composed of wires, insulation sheets and vanishs. Thus the accurate prediction of the equivalent material properties of windings becomes an essential task. In this paper, we derive the equivalent material properties using homogenization methods.