This voltage Regulator, which regulates voltage in different way from the conventional regulator, is constructed by circular-plate core type stators and controllers (are similar to rotor of conventional). The principle of this Voltage Regulator is based on the rotating magnetic field theory including peculiar homopolar and heteropolar concept. Comparing with the conventional induction regulator, this regulator need not to have short windings and can cancel armature reaction. Moreover, it is able to decrease the machine noise and control the phase of it freely. And it's efficiency can become more than 95% which almost the same as that of transformer's. By increasing numbers of cores of the same size, the output power can be increased, the insulation can be decreased and high Voltage can directly be connected because applied voltage is distributed to each core. This Voltage Regulator can be also used as a current regulator, a starter a induction motor and a phase transformer etc.