<?xml version="1.0" encoding="utf-8"?>
<!-- Edited with FutureStage XBRL Solution Library .NET 01-11 -->
<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_E03763-000_AizawaTakuyaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Aizawa, Takuya</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_AizawaTakuyaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Aizawa, Takuya [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill_label" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of goodwill</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortization of goodwill</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Asset management business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Asset management business [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CanNOE_label" xlink:role="http://www.xbrl.org/2003/role/label">Cancellation penalty</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CanNOE_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Can-NOE</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Capital adequacy ratio</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Capital adequacy ratio, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Commission fee received</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Commission fee received, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Commission type registered representative</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Commission type registered representative, Personnel expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Communication and freightage expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Communication and freightage expenses, Trading related expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Compensation and salaries</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Compensation and salaries, Personnel expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue_label" xlink:role="http://www.xbrl.org/2003/role/label">Consulting fee income</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Consulting fee income, Operating revenue</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ConsumptionTax_label" xlink:role="http://www.xbrl.org/2003/role/label">Consumption tax</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ConsumptionTax_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Consumption tax</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Decrease(increase)in real estate for rent net</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Decrease(increase)in real estate for rent net-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Description of metrics related to policy on human resource development and improvement of internal environment, and targets and results using such metrics</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Description of metrics related to policy on human resource development and improvement of internal environment, and targets and results using such metrics, Metrics and targets [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of Sustainability-related Financial Information</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Disclosure of Sustainability-related Financial Information [heading]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of Sustainability-related Financial Information</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Disclosure of Sustainability-related Financial Information [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust_label" xlink:role="http://www.xbrl.org/2003/role/label">Disposal of Treasury stock by ownership plan trust</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Disposal of Treasury stock by ownership plan trust</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Dividend to equity ratio</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividend to equity ratio, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Equipment expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Equipment expenses, Real estate expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Exchange membership fee</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Exchange membership fee, Trading related expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Financial Securities Business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Financial Securities Business [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Fixed asset tax</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fixed asset tax, Taxes and dues-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Gain on reversal of asset retirement obligations</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Gain on reversal of asset retirement obligations-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_GovernanceTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Governance</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_GovernanceTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Governance [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Hanahusa, Yukinori</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Hanahusa, Yukinori [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Information sales, other details</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Information sales, other details-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue_label" xlink:role="http://www.xbrl.org/2003/role/label">Interest on loans receivable from subsidiaries and associates</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest on loans receivable from subsidiaries and associates, Operating revenue</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred_label" xlink:role="http://www.xbrl.org/2003/role/label">Internal operating revenue or transferred</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Internal operating revenue or transferred</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InvestmentBusinessMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Investment business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_InvestmentBusinessMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment business [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Loss (gain) on liquidation of investment securities</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loss (gain) on liquidation of investment securities-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL_label" xlink:role="http://www.xbrl.org/2003/role/label">Loss on liquidation of investment securities</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loss on liquidation of investment securities-EL</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Mashiba, Kazuhiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mashiba, Kazuhiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MasuiKiichiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Masui,Kiichiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MasuiKiichiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Masui,Kiichiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Metrics and targets</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Metrics and targets [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Net operating revenue earned</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net operating revenue earned, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NijimaNaoiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Nijima, Naoi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NijimaNaoiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Nijima, Naoi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding other operating expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding other operating expenses [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding other operating revenue</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding other operating revenue [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OhishiAtsushiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Ohishi, Atsushi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OhishiAtsushiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Ohishi, Atsushi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers_label" xlink:role="http://www.xbrl.org/2003/role/label">Operating revenue from external customers</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Operating revenue from external customers</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Other compensation and salaries</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other compensation and salaries, Personnel expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherOtherSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Other</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherOtherSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other, other-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Other</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other, taxes and dues-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Outside director (Audit and Supervisory Committee Member)</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Outside director (Audit and Supervisory Committee Member) [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Outside director (excluding Audit and Supervisory Committee Member)</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Outside director (excluding Audit and Supervisory Committee Member) [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from share issuance accompanying consolidated subsidiaries establishment to non-controlling shareholders</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from share issuance accompanying consolidated subsidiaries establishment to non-controlling shareholders-FinCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI_label" xlink:role="http://www.xbrl.org/2003/role/label">Profit distributions</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Profit distributions-NOI</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand_label" xlink:role="http://www.xbrl.org/2003/role/label">Provision of reserve for reduction entry of replaced land</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision of reserve for reduction entry of replaced land</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Provisions included in personnel expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provisions included in personnel expenses [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany_label" xlink:role="http://www.xbrl.org/2003/role/label">Purpose of shareholding, overview of business alliance, quantitative effects of shareholding and reason for increase in number of shares</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Purpose of shareholding, overview of business alliance, quantitative effects of shareholding and reason for increase in number of shares, Details of specified investment shares held for purposes other than pure investment, Reporting company</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Real estate rent</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Real estate rent, Real estate expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Reserve for reduction entry of replaced land</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reserve for reduction entry of replaced land[member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReserveForRepairsMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Reserve for repairs</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReserveForRepairsMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reserve for repairs[member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RestrictedStockUnit_label" xlink:role="http://www.xbrl.org/2003/role/label">Restricted stock unit</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RestrictedStockUnit_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Restricted stock unit</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI_label" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from share lending of affiliated companies</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Revenue from share lending of affiliated companies-NOI</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand_label" xlink:role="http://www.xbrl.org/2003/role/label">Reversal of reserve for reduction entry of replaced land</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reversal of reserve for reduction entry of replaced land</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve_label" xlink:role="http://www.xbrl.org/2003/role/label">Reversal of reserve for repairing reserve</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reversal of reserve for repairing reserve</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RiskManagementTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Risk management</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_RiskManagementTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Risk management [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_SeikeMakiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Seike, Maki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_SeikeMakiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Seike, Maki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Shibata, Yasuhiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shibata, Yasuhiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Shiraki, Shinichiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shiraki, Shinichiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Stamp tax expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Stamp tax expenses, Taxes and dues-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_StrategyTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Strategy</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_StrategyTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Strategy [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders_label" xlink:role="http://www.xbrl.org/2003/role/label">The amount of payment of the dividend to non-controlling shareholders</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">The amount of payment of the dividend to non-controlling shareholders, Proceeds from share issuance accompanying consolidated subsidiaries establishment to non-controlling shareholders</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TokuokaKunimiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Tokuoka, Kunimi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TokuokaKunimiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Tokuoka, Kunimi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust_label" xlink:role="http://www.xbrl.org/2003/role/label">Treasury stock possession of stock ownership plan trust</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Treasury stock possession of stock ownership plan trust</link:label>
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_AizawaTakuyaMember" xlink:label="jpcrp030000-asr_E03763-000_AizawaTakuyaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_AmortizationOfGoodwill" xlink:label="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_AssetManagementBusinessMember" xlink:label="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CanNOE" xlink:label="jpcrp030000-asr_E03763-000_CanNOE" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue" xlink:label="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ConsumptionTax" xlink:label="jpcrp030000-asr_E03763-000_ConsumptionTax" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF" xlink:label="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock" xlink:label="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:label="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust" xlink:label="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember" xlink:label="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA" xlink:label="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF" xlink:label="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_GovernanceTextBlock" xlink:label="jpcrp030000-asr_E03763-000_GovernanceTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_HanahusaYukinoriMember" xlink:label="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA" xlink:label="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue" xlink:label="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred" xlink:label="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_InvestmentBusinessMember" xlink:label="jpcrp030000-asr_E03763-000_InvestmentBusinessMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF" xlink:label="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL" xlink:label="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_MashibaKazuhiroMember" xlink:label="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_MasuiKiichiroMember" xlink:label="jpcrp030000-asr_E03763-000_MasuiKiichiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock" xlink:label="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_NijimaNaoiMember" xlink:label="jpcrp030000-asr_E03763-000_NijimaNaoiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock" xlink:label="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OhishiAtsushiMember" xlink:label="jpcrp030000-asr_E03763-000_OhishiAtsushiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers" xlink:label="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OtherOtherSGA" xlink:label="jpcrp030000-asr_E03763-000_OtherOtherSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA" xlink:label="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember" xlink:label="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF" xlink:label="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ProfitDistributionsNOI" xlink:label="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand" xlink:label="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock" xlink:label="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany" xlink:label="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA" xlink:label="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember" xlink:label="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ReserveForRepairsMember" xlink:label="jpcrp030000-asr_E03763-000_ReserveForRepairsMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_RestrictedStockUnit" xlink:label="jpcrp030000-asr_E03763-000_RestrictedStockUnit" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI" xlink:label="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve" xlink:label="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_RiskManagementTextBlock" xlink:label="jpcrp030000-asr_E03763-000_RiskManagementTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_SeikeMakiMember" xlink:label="jpcrp030000-asr_E03763-000_SeikeMakiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ShibataYasuhiroMember" xlink:label="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_ShirakiShinichiroMember" xlink:label="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA" xlink:label="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_StrategyTextBlock" xlink:label="jpcrp030000-asr_E03763-000_StrategyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders" xlink:label="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_TokuokaKunimiMember" xlink:label="jpcrp030000-asr_E03763-000_TokuokaKunimiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E03763-000_2023-03-31_01_2023-06-26.xsd#jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust" xlink:label="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AizawaTakuyaMember" xlink:to="jpcrp030000-asr_E03763-000_AizawaTakuyaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AizawaTakuyaMember" xlink:to="jpcrp030000-asr_E03763-000_AizawaTakuyaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill" xlink:to="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill" xlink:to="jpcrp030000-asr_E03763-000_AmortizationOfGoodwill_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_AssetManagementBusinessMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CanNOE" xlink:to="jpcrp030000-asr_E03763-000_CanNOE_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CanNOE" xlink:to="jpcrp030000-asr_E03763-000_CanNOE_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_CapitalAdequacyRatioSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_CommissionFeeReceivedSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CommissionTypeRegisteredRepresentativePersonnelExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CommunicationAndFreightageExpensesTradingRelatedExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_CompensationAndSalariesPersonnelExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue" xlink:to="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue" xlink:to="jpcrp030000-asr_E03763-000_ConsultingFeeIncomeOperatingRevenue_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ConsumptionTax" xlink:to="jpcrp030000-asr_E03763-000_ConsumptionTax_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ConsumptionTax" xlink:to="jpcrp030000-asr_E03763-000_ConsumptionTax_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF" xlink:to="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF" xlink:to="jpcrp030000-asr_E03763-000_DecreaseIncreaseInRealEstateForRentNetOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E03763-000_DescriptionOfMetricsRelatedToPolicyOnHumanResourceDevelopmentAndImprovementOfInternalEnvironmentAndTargetsAndResultsUsingSuchMetricsMetricsAndTargetsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:to="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:to="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:to="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:to="jpcrp030000-asr_E03763-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust" xlink:to="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust" xlink:to="jpcrp030000-asr_E03763-000_DisposalOfTreasuryStockByOwnershipPlanTrust_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_DividendToEquityRatioSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_EquipmentExpensesRealEstateExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_ExchangeMembershipFeeTradingRelatedExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_FinancialSecuritiesBusinessMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_FixedAssetTaxTaxesAndDuesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF" xlink:to="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF" xlink:to="jpcrp030000-asr_E03763-000_GainOnReversalOfAssetRetirementObligationsOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_GovernanceTextBlock" xlink:to="jpcrp030000-asr_E03763-000_GovernanceTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_GovernanceTextBlock" xlink:to="jpcrp030000-asr_E03763-000_GovernanceTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember" xlink:to="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember" xlink:to="jpcrp030000-asr_E03763-000_HanahusaYukinoriMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA" xlink:to="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA" xlink:to="jpcrp030000-asr_E03763-000_InformationSalesOtherDetailsSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue" xlink:to="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue" xlink:to="jpcrp030000-asr_E03763-000_InterestOnLoansReceivableFromSubsidiariesAndAssociatesOperatingRevenue_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred" xlink:to="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred" xlink:to="jpcrp030000-asr_E03763-000_InternalOperatingRevenueOrTransferred_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InvestmentBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_InvestmentBusinessMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_InvestmentBusinessMember" xlink:to="jpcrp030000-asr_E03763-000_InvestmentBusinessMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF" xlink:to="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF" xlink:to="jpcrp030000-asr_E03763-000_LossGainOnLiquidationOfInvestmentSecuritiesOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL" xlink:to="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL" xlink:to="jpcrp030000-asr_E03763-000_LossOnLiquidationOfInvestmentSecuritiesEL_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember" xlink:to="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember" xlink:to="jpcrp030000-asr_E03763-000_MashibaKazuhiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MasuiKiichiroMember" xlink:to="jpcrp030000-asr_E03763-000_MasuiKiichiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MasuiKiichiroMember" xlink:to="jpcrp030000-asr_E03763-000_MasuiKiichiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E03763-000_MetricsAndTargetsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E03763-000_NetOperatingRevenueEarnedSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NijimaNaoiMember" xlink:to="jpcrp030000-asr_E03763-000_NijimaNaoiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NijimaNaoiMember" xlink:to="jpcrp030000-asr_E03763-000_NijimaNaoiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock" xlink:to="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock" xlink:to="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingExpensesTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock" xlink:to="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock" xlink:to="jpcrp030000-asr_E03763-000_NotesRegardingOtherOperatingRevenueTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OhishiAtsushiMember" xlink:to="jpcrp030000-asr_E03763-000_OhishiAtsushiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OhishiAtsushiMember" xlink:to="jpcrp030000-asr_E03763-000_OhishiAtsushiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers" xlink:to="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers" xlink:to="jpcrp030000-asr_E03763-000_OperatingRevenueFromExternalCustomers_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherCompensationAndSalariesPersonnelExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherOtherSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherOtherSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherOtherSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherOtherSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_OtherTaxesAndDuesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember" xlink:to="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember" xlink:to="jpcrp030000-asr_E03763-000_OutsideDirectorAuditAndSupervisoryCommitteeMemberMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember" xlink:to="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember" xlink:to="jpcrp030000-asr_E03763-000_OutsideDirectorExcludingAuditAndSupervisoryCommitteeMemberMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF" xlink:to="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF" xlink:to="jpcrp030000-asr_E03763-000_ProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholdersFinCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI" xlink:to="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI" xlink:to="jpcrp030000-asr_E03763-000_ProfitDistributionsNOI_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand" xlink:to="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand" xlink:to="jpcrp030000-asr_E03763-000_ProvisionOfReserveForReductionEntryOfReplacedLand_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock" xlink:to="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock" xlink:to="jpcrp030000-asr_E03763-000_ProvisionsIncludedInPersonnelExpensesTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany" xlink:to="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany" xlink:to="jpcrp030000-asr_E03763-000_PurposeOfShareholdingOverviewOfBusinessAllianceQuantitativeEffectsOfShareholdingAndReasonForIncreaseInNumberOfSharesDetailsOfSpecifiedInvestmentSharesHeldForPurposesOtherThanPureInvestmentReportingCompany_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA" xlink:to="jpcrp030000-asr_E03763-000_RealEstateRentRealEstateExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember" xlink:to="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember" xlink:to="jpcrp030000-asr_E03763-000_ReserveForReductionEntryOfReplacedLandMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReserveForRepairsMember" xlink:to="jpcrp030000-asr_E03763-000_ReserveForRepairsMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReserveForRepairsMember" xlink:to="jpcrp030000-asr_E03763-000_ReserveForRepairsMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RestrictedStockUnit" xlink:to="jpcrp030000-asr_E03763-000_RestrictedStockUnit_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RestrictedStockUnit" xlink:to="jpcrp030000-asr_E03763-000_RestrictedStockUnit_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI" xlink:to="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI" xlink:to="jpcrp030000-asr_E03763-000_RevenueFromShareLendingOfAffiliatedCompaniesNOI_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand" xlink:to="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand" xlink:to="jpcrp030000-asr_E03763-000_ReversalOfReserveForReductionEntryOfReplacedLand_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve" xlink:to="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve" xlink:to="jpcrp030000-asr_E03763-000_ReversalOfReserveForRepairingReserve_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RiskManagementTextBlock" xlink:to="jpcrp030000-asr_E03763-000_RiskManagementTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_RiskManagementTextBlock" xlink:to="jpcrp030000-asr_E03763-000_RiskManagementTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_SeikeMakiMember" xlink:to="jpcrp030000-asr_E03763-000_SeikeMakiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_SeikeMakiMember" xlink:to="jpcrp030000-asr_E03763-000_SeikeMakiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember" xlink:to="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember" xlink:to="jpcrp030000-asr_E03763-000_ShibataYasuhiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember" xlink:to="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember" xlink:to="jpcrp030000-asr_E03763-000_ShirakiShinichiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA" xlink:to="jpcrp030000-asr_E03763-000_StampTaxExpensesTaxesAndDuesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_StrategyTextBlock" xlink:to="jpcrp030000-asr_E03763-000_StrategyTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_StrategyTextBlock" xlink:to="jpcrp030000-asr_E03763-000_StrategyTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders" xlink:to="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders" xlink:to="jpcrp030000-asr_E03763-000_TheAmountOfPaymentOfTheDividendToNonControllingShareholdersProceedsFromShareIssuanceAccompanyingConsolidatedSubsidiariesEstablishmentToNonControllingShareholders_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TokuokaKunimiMember" xlink:to="jpcrp030000-asr_E03763-000_TokuokaKunimiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TokuokaKunimiMember" xlink:to="jpcrp030000-asr_E03763-000_TokuokaKunimiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust" xlink:to="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust" xlink:to="jpcrp030000-asr_E03763-000_TreasuryStockPossessionOfStockOwnershipPlanTrust_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
  </link:labelLink>
</link:linkbase>