This paper proposes a straightforward method of analyzing the operation characteristics for the capacitor run single-phase induction motor from the traditional equivalent circuit based on the revolving field theory. The proposed method consists of five procedures as follows: mechanical loss segregation, iron loss segregation and calculation of the equivalent circuit parameters, recalculation of parameters of the main winding side, calculation of the auxiliary winding magnetizing reactance and effective turn ratio, and analyzing the operation characteristics for this motor. When the characteristics are analyzed, the segregated mechanical and iron losses are considered as a loss resistance across input terminals of the equivalent circuit for the analysis. The validity of the proposed method is verified from the comparison between the computed results and the experimental ones for the operation characteristics.