Magnetic Reconnection in Accretion Disks R. Matsumoto (Chiba Univ.) and M. Machida Magnetic reconnection in accretion disks can be the origin of flare-like activities observed in black hole candidates. We present the results of global three-dimensional magnetohydrodynamic simulations of black hole accretion disks. In these simulations, we explicitly included resistive terms in basic equations. We found that accretion of dense blobs creates bisymmetric spiral magnetic fields and large-scale current sheets in the innermost plunging region of the disk. Magnetic reconnection taking place in the current sheet releases the accumulated magnetic energy. Numerical results successfully reproduced various properties of large-amplitude sporadic X-ray flares in black hole candidates known as X-ray shots. Smaller scale magnetic reconnection in optically thin, turbulent accretion disks can explain 1/f-like X-ray time variabilities.