Long-term deformations of the Kusatsu-Shirane and Asama volcanoes in central Japan were investigated using Global Navigation Satellite System (GNSS) measurements. Large postseismic deformations caused by the 2011 Tohoku earthquake — which obscure the long-term volcanic deformations — were effectively removed by approximating the postseismic and other recent tectonic deformations in terms of quadrature of the geographical eastings/northings. Subsequently, deformation source parameters were estimated by the Markov Chain Monte-Carlo (MCMC) method and linear inversion. The deformation source of the Kusatsu-Shirane volcano was found to be a sill-like oblate spheroid located a few kilometers northwest of the Yugama crater at a depth of approximately five km, while that of Asama was also estimated to be a sill-like oblate spheroid located at the western flank of the edifice at a depth of approximately 13 km, along with the previously reported shallow east-west striking dike at a depth of approximately 1 km. It was revealed that 1) volume changes of the Kusatsu-Shirane deformation source and the shallow deformation source of Asama were correlated with the volcanic activities of the corresponding volcanoes, and 2) the Asama deep source has been steadily losing volume, which may indicate that the volcano will experience less eruptions in the near future.