Much heavier sfermions of the first-two generations than the other
superparticles provide a natural explanation for the flavor and CP problems in
the supersymmetric standard model (SUSY SM). However, the heavy sfermions may
drive the mass squareds for the light third generation sfermions to be negative
through two-loop renormalization group (RG) equations, breaking color and
charge. Introducing extra matters to the SUSY SM, it is possible to construct
models where the sfermion masses are RG invariant at the two-loop level in the
limit of vanishing gaugino-mass and Yukawa-coupling contributions. We calculate
the finite corrections to the light sfermion masses at the two-loop level in
the models. We find that the finite corrections to the light-squark mass
squareds are negative and can be less than (0.3-1)% of the heavy-squark mass
squareds, depending on the number and the parameters of the extra matters. We
also discuss whether such models realized by the U(1)_X gauge interaction at
the GUT scale can satisfy the constraints from \Delta m_K and \epsilon_K
naturally. When both the left- and right-handed down-type squarks of the
first-two generations have common U(1)_X charges, the supersymmetric
contributions to \Delta m_K and \epsilon_K are sufficiently suppressed without
spoiling naturalness, even if the flavor-violating supergravity contributions
to the sfermion mass matrices are included. When only the right-handed squarks
of the first-two generations have a common U(1)_X charge, we can still satisfy
the constraint from \Delta m_K naturally, but evading the bound from \epsilon_K
requires the CP phase smaller than 10^{-2}.Comment: 44 pages, Latex, 11 figure