We monitored variation in seasonal and annual net ecosystem production (NEP), gross primary production (GPP), and ecosystem respiration (R E ) based on 7-year eddy covariance measurements above a cool-temperate deciduous broad-leaved forest (Japanese beech forest). The 7-year means (±SD) of annual NEP, GPP, and R E were 312 ± 64, 1250 ± 62, and 938 ± 36 g C m -2 year -1 , respectively. Variation in NEP was much larger than variation in GPP and R E . During the growing season, the main factor controlling carbon balance was air temperature; variation in seasonal integrated NEP was regulated by accumulated air temperature (degree-day) with a significant negative correlation, whereas the seasonal ratio of R E to GPP was correlated positively with accumulated air temperature. Because the deviation of seasonal NEP was also significantly correlated with seasonal R E /GPP, NEP was controlled by R E /GPP, depending on air temperature during the growing season. Seasonal R E in the defoliation and snow seasons was also important for evaluating the annual carbon balance, because the total number of days in the two seasons was quite large owing to a long snowy winter. In the defoliation and snow seasons, we found defoliation season length was a major factor determining seasonal integrated R E , illustrating the positive correlation between R E and defoliation season length. The major factors controlling interannual variations in forest carbon balance are discussed.