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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecondedEmployeesReimbursementNOI" xlink:to="label_SecondedEmployeesReimbursementNOI" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecondedEmployeesReimbursementNOI" xlink:to="label_SecondedEmployeesReimbursementNOI_2" />
    <link:label xlink:type="resource" xlink:label="label_SecondedEmployeesSalariesNOE" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_SecondedEmployeesSalariesNOE">Seconded employees' salaries</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ExpensesOfEnvironmentalMeasuresEL" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_ExpensesOfEnvironmentalMeasuresEL">Expenses of environmental measures</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesOfEnvironmentalMeasuresEL" xlink:to="label_ExpensesOfEnvironmentalMeasuresEL_2" />
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    <link:label xlink:type="resource" xlink:label="label_DismantlementRelatedExpensesNOE_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_DismantlementRelatedExpensesNOE_2">Dismantlement related expenses-NOE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DismantlementRelatedExpensesNOE" xlink:to="label_DismantlementRelatedExpensesNOE_2" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF">Increase (decrease) in provision for misconduct related expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF" xlink:to="label_IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF" xlink:to="label_IncreaseDecreaseInProvisionForMisconductRelatedExpensesOpeCF_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainOnAcquisitionOfSubsidiaryOpeCF" xlink:to="label_GainOnAcquisitionOfSubsidiaryOpeCF" />
    <link:label xlink:type="resource" xlink:label="label_GainOnAcquisitionOfSubsidiaryOpeCF_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_GainOnAcquisitionOfSubsidiaryOpeCF_2">Gain on acquisition of subsidiary-OpeCF</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainOnAcquisitionOfSubsidiaryOpeCF" xlink:to="label_GainOnAcquisitionOfSubsidiaryOpeCF_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionForSyndicateLoanPaidFinCF" xlink:to="label_CommissionForSyndicateLoanPaidFinCF" />
    <link:label xlink:type="resource" xlink:label="label_CommissionForSyndicateLoanPaidFinCF_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_CommissionForSyndicateLoanPaidFinCF_2">Commission for syndicate loan paid -FinCF</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionForSyndicateLoanPaidFinCF" xlink:to="label_CommissionForSyndicateLoanPaidFinCF_2" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF">Increase (decrease) in provision for dismantlement related expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF" xlink:to="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF_2">Increase (decrease) in provision for dismantlement related expenses-OpeCF</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF" xlink:to="label_IncreaseDecreaseInProvisionForDismantlementRelatedExpensesOpeCF_2" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPurchaseOfSharesOfJointVentureResultingInChangeInScopeOfConsolidationInvCF" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_ProceedsFromPurchaseOfSharesOfJointVentureResultingInChangeInScopeOfConsolidationInvCF">Proceeds from purchase of shares of joint venture resulting in change in scope of consolidation</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForDismantlementRelatedExpensesCL" xlink:to="label_ProvisionForDismantlementRelatedExpensesCL_2" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForStructuralReformRelatedExpensesCL" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_ProvisionForStructuralReformRelatedExpensesCL">Provision for structural reform related expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForStructuralReformRelatedExpensesCL" xlink:to="label_ProvisionForStructuralReformRelatedExpensesCL" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForDismantlementRelatedExpensesNCL" xlink:to="label_ProvisionForDismantlementRelatedExpensesNCL" />
    <link:label xlink:type="resource" xlink:label="label_ProvisionForDismantlementRelatedExpensesNCL_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_ProvisionForDismantlementRelatedExpensesNCL_2">Provision for dismantlement related expenses-NCL</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangeOfScopeOfConsolidationAndEquityMethod" xlink:to="label_ChangeOfScopeOfConsolidationAndEquityMethod" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TAKASHIOKIMOTOMember" xlink:to="label_TAKASHIOKIMOTOMember_2" />
    <link:label xlink:type="resource" xlink:label="label_YOSHIIKUMIYATAMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_YOSHIIKUMIYATAMember">YOSHIIKU MIYATA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="YOSHIIKUMIYATAMember" xlink:to="label_YOSHIIKUMIYATAMember" />
    <link:label xlink:type="resource" xlink:label="label_YOSHIIKUMIYATAMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_YOSHIIKUMIYATAMember_2">YOSHIIKU MIYATA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="YOSHIIKUMIYATAMember" xlink:to="label_YOSHIIKUMIYATAMember_2" />
    <link:label xlink:type="resource" xlink:label="label_HIDEROCHIMORIMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_HIDEROCHIMORIMember">HIDERO CHIMORI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HIDEROCHIMORIMember" xlink:to="label_HIDEROCHIMORIMember" />
    <link:label xlink:type="resource" xlink:label="label_HIDEROCHIMORIMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_HIDEROCHIMORIMember_2">HIDERO CHIMORI [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HIDEROCHIMORIMember" xlink:to="label_HIDEROCHIMORIMember_2" />
    <link:label xlink:type="resource" xlink:label="label_YUMIKOITOMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_YUMIKOITOMember">YUMIKO ITO</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="YUMIKOITOMember" xlink:to="label_YUMIKOITOMember" />
    <link:label xlink:type="resource" xlink:label="label_YUMIKOITOMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_YUMIKOITOMember_2">YUMIKO ITO [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="YUMIKOITOMember" xlink:to="label_YUMIKOITOMember_2" />
    <link:label xlink:type="resource" xlink:label="label_KOICHIROSHIBATAMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_KOICHIROSHIBATAMember">KOICHIRO SHIBATA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KOICHIROSHIBATAMember" xlink:to="label_KOICHIROSHIBATAMember" />
    <link:label xlink:type="resource" xlink:label="label_KOICHIROSHIBATAMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_KOICHIROSHIBATAMember_2">KOICHIRO SHIBATA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KOICHIROSHIBATAMember" xlink:to="label_KOICHIROSHIBATAMember_2" />
    <link:label xlink:type="resource" xlink:label="label_IronAndSteelReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_IronAndSteelReportableSegmentsMember">Iron and Steel</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IronAndSteelReportableSegmentsMember" xlink:to="label_IronAndSteelReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_IronAndSteelReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_IronAndSteelReportableSegmentsMember_2">Iron and Steel, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IronAndSteelReportableSegmentsMember" xlink:to="label_IronAndSteelReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_WeldingReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_WeldingReportableSegmentsMember">Welding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeldingReportableSegmentsMember" xlink:to="label_WeldingReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_WeldingReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_WeldingReportableSegmentsMember_2">Welding, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeldingReportableSegmentsMember" xlink:to="label_WeldingReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_AluminumAndCopperReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_AluminumAndCopperReportableSegmentsMember">Aluminum and Copper</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AluminumAndCopperReportableSegmentsMember" xlink:to="label_AluminumAndCopperReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_AluminumAndCopperReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_AluminumAndCopperReportableSegmentsMember_2">Aluminum and Copper, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AluminumAndCopperReportableSegmentsMember" xlink:to="label_AluminumAndCopperReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_MachineryReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_MachineryReportableSegmentsMember">Machinery</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryReportableSegmentsMember" xlink:to="label_MachineryReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_MachineryReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_MachineryReportableSegmentsMember_2">Machinery, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryReportableSegmentsMember" xlink:to="label_MachineryReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_EngineeringReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_EngineeringReportableSegmentsMember">Engineering</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EngineeringReportableSegmentsMember" xlink:to="label_EngineeringReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_EngineeringReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_EngineeringReportableSegmentsMember_2">Engineering, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EngineeringReportableSegmentsMember" xlink:to="label_EngineeringReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_ConstructionMachineryReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_ConstructionMachineryReportableSegmentsMember">Construction Machinery</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionMachineryReportableSegmentsMember" xlink:to="label_ConstructionMachineryReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ConstructionMachineryReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_ConstructionMachineryReportableSegmentsMember_2">Construction Machinery, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionMachineryReportableSegmentsMember" xlink:to="label_ConstructionMachineryReportableSegmentsMember_2" />
    <link:label xlink:type="resource" xlink:label="label_ElectricPowerReportableSegmentsMember" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" id="label_ElectricPowerReportableSegmentsMember">Electric Power</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricPowerReportableSegmentsMember" xlink:to="label_ElectricPowerReportableSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="label_ElectricPowerReportableSegmentsMember_2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" id="label_ElectricPowerReportableSegmentsMember_2">Electric Power, Reportable segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricPowerReportableSegmentsMember" xlink:to="label_ElectricPowerReportableSegmentsMember_2" />
  </link:labelLink>
</link:linkbase>