<?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:roleRef xlink:type="simple" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2022-11-01/jppfs_rt_2022-11-01.xsd#rol_ConsolidatedLabel" roleURI="http://disclosure.edinet-fsa.go.jp/jppfs/Consolidated/role/label" />
  <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_E05617-000_CancellationPenaltyEL_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_E05617-000_CancellationPenaltyEL_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cancellation penalty-EL</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock_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_E05617-000_CancellationPenaltyTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cancellation penalty [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:role="http://www.xbrl.org/2003/role/label">Cash remuneration</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash remuneration, Remuneration, etc. by category of directors (and other officers)</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label_1" xlink:role="http://www.xbrl.org/2003/role/label">Customer relationship</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Customer relationship-IA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label" xlink:role="http://disclosure.edinet-fsa.go.jp/jppfs/Consolidated/role/label">Customer relationship</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Digital entertainment business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Digital entertainment business, Reportable segment [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_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_E05617-000_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_E05617-000_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_E05617-000_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_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI_label" xlink:role="http://www.xbrl.org/2003/role/label">Fiduciary obligation fee from subsidiaries and affiliates</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fiduciary obligation fee from subsidiaries and affiliates-NOI</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_FujitaAkihisaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Fujita, Akihisa</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_FujitaAkihisaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fujita, Akihisa [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_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_E05617-000_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_E05617-000_InvestmentBusinessReportableSegmentMember_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_E05617-000_InvestmentBusinessReportableSegmentMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment business, Reportable segment [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_KasaharaKenjiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Kasahara, Kenji</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_KasaharaKenjiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Kasahara, Kenji [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_KimuraKokiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Kimura, Koki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_KimuraKokiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Kimura, Koki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Lifestyle business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Lifestyle business, Reportable segment [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Loss on business withdrawal</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loss on business withdrawal [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">LossOnSalesOfStocksOfSubsidiariesAndAffiliatesEL</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">LossOnSalesOfStocksOfSubsidiariesAndAffiliatesEL [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_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_E05617-000_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_E05617-000_MuraseTatsumaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Murase, Tatsuma</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_MuraseTatsumaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Murase, Tatsuma [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NagataYukiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Nagata, Yuki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NagataYukiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Nagata, Yuki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Nishimura, Yuichiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Nishimura, Yuichiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding loss on business withdrawal</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding loss on business withdrawal [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding loss on valuation of stocks of subsidiaries and affiliates and provision of allowance for doubtful accounts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding loss on valuation of stocks of subsidiaries and affiliates and provision of allowance for doubtful accounts [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding reversal of allowance for doubtful accounts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding reversal of allowance for doubtful accounts [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/documentation">Notes regarding reversal of allowance for doubtful accounts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes - Share of loss of entities accounted for using equity method</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes - Share of loss of entities accounted for using equity method [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Osawa, Hiroyuki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Osawa, Hiroyuki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_PaymentExpensesSGA_label" xlink:role="http://www.xbrl.org/2003/role/label">Payment expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_PaymentExpensesSGA_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Payment expenses-SGA</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:role="http://www.xbrl.org/2003/role/label">Performance reward</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Performance reward, etc. by category of directors (and other officers)</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Provision of allowance for doubtful accounts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision of allowance for doubtful accounts-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation_label" xlink:role="http://www.xbrl.org/2003/role/label">Provision of reserve for tax purpose reduction to promote open innovation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision of reserve for tax purpose reduction to promote open innovation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Provision of reserve for tax purpose reduction to promote open innovation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision of reserve for tax purpose reduction to promote open innovation [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets_label" xlink:role="http://www.xbrl.org/2003/role/label">Reference to other information</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reference to other information, Metrics and targets</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation_label" xlink:role="http://www.xbrl.org/2003/role/label">Reserve for tax system to promote open innovation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reserve for tax system to promote open innovation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI_label" xlink:role="http://www.xbrl.org/2003/role/label">Reversal of provision for bonuses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reversal of provision for bonuses-NOI</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_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_E05617-000_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_E05617-000_SimaSatosiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Sima, Satosi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_SimaSatosiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sima, Satosi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Sports business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sports business, Reportable segment [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Strategy and indicators and targets</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Strategy and indicators and targets [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_UedaNozomiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Ueda, Nozomi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_UedaNozomiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Ueda, Nozomi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Wakamatsu, Hiroyuki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Wakamatsu, Hiroyuki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies_label" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cumulative effects of changes in accounting policies</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jppfs_cor_RestatedBalance_label" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Restated balance</link:label>
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2022-11-01/jppfs_cor_2022-11-01.xsd#jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:label="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" />
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2022-11-01/jppfs_cor_2022-11-01.xsd#jppfs_cor_RestatedBalance" xlink:label="jppfs_cor_RestatedBalance" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_CancellationPenaltyEL" xlink:label="jpcrp030000-asr_E05617-000_CancellationPenaltyEL" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock" xlink:label="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:label="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_CustomerRelationshipIA" xlink:label="jpcrp030000-asr_E05617-000_CustomerRelationshipIA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember" xlink:label="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:label="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:label="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI" xlink:label="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_FujitaAkihisaMember" xlink:label="jpcrp030000-asr_E05617-000_FujitaAkihisaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_GovernanceTextBlock" xlink:label="jpcrp030000-asr_E05617-000_GovernanceTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember" xlink:label="jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_KasaharaKenjiMember" xlink:label="jpcrp030000-asr_E05617-000_KasaharaKenjiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_KimuraKokiMember" xlink:label="jpcrp030000-asr_E05617-000_KimuraKokiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember" xlink:label="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock" xlink:label="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock" xlink:label="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock" xlink:label="jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_MuraseTatsumaMember" xlink:label="jpcrp030000-asr_E05617-000_MuraseTatsumaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NagataYukiMember" xlink:label="jpcrp030000-asr_E05617-000_NagataYukiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NishimuraYuichiroMember" xlink:label="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock" xlink:label="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock" xlink:label="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_OsawaHiroyukiMember" xlink:label="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_PaymentExpensesSGA" xlink:label="jpcrp030000-asr_E05617-000_PaymentExpensesSGA" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers" xlink:label="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember" xlink:label="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets" xlink:label="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation" xlink:label="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI" xlink:label="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_RiskManagementTextBlock" xlink:label="jpcrp030000-asr_E05617-000_RiskManagementTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_SimaSatosiMember" xlink:label="jpcrp030000-asr_E05617-000_SimaSatosiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember" xlink:label="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock" xlink:label="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_UedaNozomiMember" xlink:label="jpcrp030000-asr_E05617-000_UedaNozomiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E05617-000_2023-03-31_01_2023-06-22.xsd#jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember" xlink:label="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CancellationPenaltyEL" xlink:to="jpcrp030000-asr_E05617-000_CancellationPenaltyEL_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CancellationPenaltyEL" xlink:to="jpcrp030000-asr_E05617-000_CancellationPenaltyEL_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock" xlink:to="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock" xlink:to="jpcrp030000-asr_E05617-000_CancellationPenaltyTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E05617-000_CashRemunerationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CustomerRelationshipIA" xlink:to="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label_2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CustomerRelationshipIA" xlink:to="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_CustomerRelationshipIA" xlink:to="jpcrp030000-asr_E05617-000_CustomerRelationshipIA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_DigitalEntertainmentBusinessReportableSegmentMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:to="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading" xlink:to="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationHeading_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:to="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock" xlink:to="jpcrp030000-asr_E05617-000_DisclosureOfSustainabilityRelatedFinancialInformationTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI" xlink:to="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI" xlink:to="jpcrp030000-asr_E05617-000_FiduciaryObligationFeeFromSubsidiariesAndAffiliatesNOI_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_FujitaAkihisaMember" xlink:to="jpcrp030000-asr_E05617-000_FujitaAkihisaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_FujitaAkihisaMember" xlink:to="jpcrp030000-asr_E05617-000_FujitaAkihisaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_GovernanceTextBlock" xlink:to="jpcrp030000-asr_E05617-000_GovernanceTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_GovernanceTextBlock" xlink:to="jpcrp030000-asr_E05617-000_GovernanceTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_InvestmentBusinessReportableSegmentMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_KasaharaKenjiMember" xlink:to="jpcrp030000-asr_E05617-000_KasaharaKenjiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_KasaharaKenjiMember" xlink:to="jpcrp030000-asr_E05617-000_KasaharaKenjiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_KimuraKokiMember" xlink:to="jpcrp030000-asr_E05617-000_KimuraKokiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_KimuraKokiMember" xlink:to="jpcrp030000-asr_E05617-000_KimuraKokiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_LifestyleBusinessReportableSegmentMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock" xlink:to="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock" xlink:to="jpcrp030000-asr_E05617-000_LossOnBusinessWithdrawalTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock" xlink:to="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock" xlink:to="jpcrp030000-asr_E05617-000_LossOnSalesOfStocksOfSubsidiariesAndAffiliatesELTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_MetricsAndTargetsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_MuraseTatsumaMember" xlink:to="jpcrp030000-asr_E05617-000_MuraseTatsumaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_MuraseTatsumaMember" xlink:to="jpcrp030000-asr_E05617-000_MuraseTatsumaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NagataYukiMember" xlink:to="jpcrp030000-asr_E05617-000_NagataYukiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NagataYukiMember" xlink:to="jpcrp030000-asr_E05617-000_NagataYukiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember" xlink:to="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember" xlink:to="jpcrp030000-asr_E05617-000_NishimuraYuichiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingLossOnBusinessWithdrawalTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingLossOnValuationOfStocksOfSubsidiariesAndAffiliatesAndProvisionOfAllowanceForDoubtfulAccountsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label_2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesRegardingReversalOfAllowanceForDoubtfulAccountsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock" xlink:to="jpcrp030000-asr_E05617-000_NotesShareOfLossOfEntitiesAccountedForUsingEquityMethodTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember" xlink:to="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember" xlink:to="jpcrp030000-asr_E05617-000_OsawaHiroyukiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_PaymentExpensesSGA" xlink:to="jpcrp030000-asr_E05617-000_PaymentExpensesSGA_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_PaymentExpensesSGA" xlink:to="jpcrp030000-asr_E05617-000_PaymentExpensesSGA_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E05617-000_PerformanceRewardEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfAllowanceForDoubtfulAccountsOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovation_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember" xlink:to="jpcrp030000-asr_E05617-000_ProvisionOfReserveForTaxPurposeReductionToPromoteOpenInnovationMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets" xlink:to="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets" xlink:to="jpcrp030000-asr_E05617-000_ReferenceToOtherInformationMetricsAndTargets_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation" xlink:to="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation" xlink:to="jpcrp030000-asr_E05617-000_ReserveForTaxSystemToPromoteOpenInnovation_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI" xlink:to="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI" xlink:to="jpcrp030000-asr_E05617-000_ReversalOfProvisionForBonusesNOI_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_RiskManagementTextBlock" xlink:to="jpcrp030000-asr_E05617-000_RiskManagementTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_RiskManagementTextBlock" xlink:to="jpcrp030000-asr_E05617-000_RiskManagementTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_SimaSatosiMember" xlink:to="jpcrp030000-asr_E05617-000_SimaSatosiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_SimaSatosiMember" xlink:to="jpcrp030000-asr_E05617-000_SimaSatosiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E05617-000_SportsBusinessReportableSegmentMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock" xlink:to="jpcrp030000-asr_E05617-000_StrategyAndIndicatorsAndTargetsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_UedaNozomiMember" xlink:to="jpcrp030000-asr_E05617-000_UedaNozomiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_UedaNozomiMember" xlink:to="jpcrp030000-asr_E05617-000_UedaNozomiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember" xlink:to="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember" xlink:to="jpcrp030000-asr_E05617-000_WakamatsuHiroyukiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:to="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_RestatedBalance" xlink:to="jppfs_cor_RestatedBalance_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
  </link:labelLink>
</link:linkbase>