The magnetic circuit analysis excluding flux loss and fringing effect often gives a result with unignorable error, when compared with real system. But, it is not easy to make a complete magnetic circuit model with the loss effects. This paper introduces a relatively simple method to build the model including the flux loss and fringing effect, in which the paths of leaked flux are simplified in terms of circular arcs and straight lines. After modification of the model, the error of about 36 % in maximum between the magnetic circuit analysis and FEM analysis is reduced to about 7 %.