<?xml version="1.0" encoding="utf-8"?>
<!-- Edited with XiRUTE .NET Library 01-08 -->
<link:linkbase xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:link="http://www.xbrl.org/2003/linkbase">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Asia and Oceania, Food and Beverages</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Asia and Oceania, Food and Beverages, Reportable segments [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Description of fact and reason why amortization and unamortized balance of negative goodwill for each reportable segment is not presented</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Description of fact and reason why amortization and unamortized balance of negative goodwill for each reportable segment is not presented[text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Europe, Food and Beverages</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Europe, Food and Beverages, Reportable segments [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/label">Japan, Food and Beverages</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember_label" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Japan, Food and Beverages, Reportable segments [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/label">Payrolls and Bonus</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA_label" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Payrolls and Bonus-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PayrollsSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/label">Payrolls</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PayrollsSGA_label" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Payrolls-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Pharmaceuticals</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Pharmaceuticals,Reportable segments [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Sales promotion expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sales promotion expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/label">The Americas, Food and Beverages</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember_label" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">The Americas, Food and Beverages, Reportable segments [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies_label" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cumulative effects of changes in accounting policies</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jppfs_cor_RestatedBalance_label" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Restated balance</link:label>
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2016-02-29/jppfs_cor_2016-02-29.xsd#jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:label="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" />
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2016-02-29/jppfs_cor_2016-02-29.xsd#jppfs_cor_RestatedBalance" xlink:label="jppfs_cor_RestatedBalance" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember" xlink:label="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock" xlink:label="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember" xlink:label="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember" xlink:label="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA" xlink:label="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_PayrollsSGA" xlink:label="jpcrp030000-asr_E00406-000_PayrollsSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember" xlink:label="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA" xlink:label="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E00406-000_2016-03-31_01_2016-06-23.xsd#jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember" xlink:label="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_AsiaAndOceaniaFoodAndBeveragesReportableSegmentsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock" xlink:to="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock" xlink:to="jpcrp030000-asr_E00406-000_DescriptionOfFactAndReasonWhyAmortizationAndUnamortizedBalanceOfNegativeGoodwillForEachReportableSegmentIsNotPresentedTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_EuropeFoodAndBeveragesReportableSegmentsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_JapanFoodAndBeveragesReportableSegmentsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA" xlink:to="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA" xlink:to="jpcrp030000-asr_E00406-000_PayrollsAndBonusSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PayrollsSGA" xlink:to="jpcrp030000-asr_E00406-000_PayrollsSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PayrollsSGA" xlink:to="jpcrp030000-asr_E00406-000_PayrollsSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_PharmaceuticalsReportableSegmentsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA" xlink:to="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA" xlink:to="jpcrp030000-asr_E00406-000_SalesPromotionExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember" xlink:to="jpcrp030000-asr_E00406-000_TheAmericasFoodAndBeveragesReportableSegmentsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:to="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_RestatedBalance" xlink:to="jppfs_cor_RestatedBalance_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
  </link:labelLink>
</link:linkbase>