<?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/2019-11-01/jppfs_rt_2019-11-01.xsd#rol_BNKConsolidatedLabel" roleURI="http://disclosure.edinet-fsa.go.jp/jppfs/bnk/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_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Accounting policy for significant deferred assets</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounting policy for significant deferred assets [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_HighestSharePrice_label" xlink:role="http://www.xbrl.org/2003/role/label">Highest share price</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_HighestSharePrice_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Highest share price</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in provision for loss on cancellation of system contracts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Increase (decrease) in provision for loss on cancellation of system contracts-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF_label" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in provision for share-based compensation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Increase (decrease) in provision for share-based compensation-OpeCF</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Kazuhiro Maehara</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Kazuhiro Maehara [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Keiichiro Hashimoto</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Keiichiro Hashimoto [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_LowestSharePrice_label" xlink:role="http://www.xbrl.org/2003/role/label">Lowest share price</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_LowestSharePrice_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Lowest share price</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Major components of expenses in general and administrative expenses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Major components of expenses in general and administrative expenses [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MamiYodaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Mami Yoda</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MamiYodaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mami Yoda [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Mitsuru Akiyoshi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mitsuru Akiyoshi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MizuhoOgataMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Mizuho Ogata</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_MizuhoOgataMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mizuho Ogata [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock_label" xlink:role="http://www.xbrl.org/2003/role/label">Notes regarding the principal of trust with contract for replacement losses</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes regarding the principal of trust with contract for replacement losses [text block]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:role="http://www.xbrl.org/2003/role/label">Performance-based stock compensation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Performance-based stock compensation, Remuneration, etc. by category of directors (and other officers)</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities_label" xlink:role="http://www.xbrl.org/2003/role/label">Provision for share-based compensation</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision for share-based compensation, Liabilities</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI_label" xlink:role="http://www.xbrl.org/2003/role/label">Reversal of provision for loss on cancellation of system contracts</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reversal of provision for loss on cancellation of system contracts-EI</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Seiichi Fusamura</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Seiichi Fusamura [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TadashiKomineMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Tadashi Komine</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TadashiKomineMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Tadashi Komine [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Trust Fees</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Trust Fees, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults_label" xlink:role="http://www.xbrl.org/2003/role/label">Trust property amount</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Trust property amount, Summary of business results</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Yasuyoshi Oya</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Yasuyoshi Oya [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YojiMaekawaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Yoji Maekawa</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YojiMaekawaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Yoji Maekawa [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Yoshiaki suzuki</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Yoshiaki suzuki [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Yoshinobu Yamada</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Yoshinobu Yamada [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Yoshiyuki Oishi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Yoshiyuki Oishi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jppfs_cor_IncreaseDecreaseInProvisionForReimbursementOfDepositsOpeCFBNK_label" xlink:role="http://disclosure.edinet-fsa.go.jp/jppfs/bnk/Consolidated/role/label">Increase (decrease) in provision for reimbursement of deposits</link:label>
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2019-11-01/jppfs_cor_2019-11-01.xsd#jppfs_cor_IncreaseDecreaseInProvisionForReimbursementOfDepositsOpeCFBNK" xlink:label="jppfs_cor_IncreaseDecreaseInProvisionForReimbursementOfDepositsOpeCFBNK" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock" xlink:label="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_HighestSharePrice" xlink:label="jpcrp030000-asr_E32022-000_HighestSharePrice" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF" xlink:label="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember" xlink:label="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember" xlink:label="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_LowestSharePrice" xlink:label="jpcrp030000-asr_E32022-000_LowestSharePrice" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock" xlink:label="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_MamiYodaMember" xlink:label="jpcrp030000-asr_E32022-000_MamiYodaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember" xlink:label="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_MizuhoOgataMember" xlink:label="jpcrp030000-asr_E32022-000_MizuhoOgataMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock" xlink:label="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:label="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities" xlink:label="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI" xlink:label="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_SeiichiFusamuraMember" xlink:label="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_TadashiKomineMember" xlink:label="jpcrp030000-asr_E32022-000_TadashiKomineMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults" xlink:label="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_YasuyoshiOyaMember" xlink:label="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_YojiMaekawaMember" xlink:label="jpcrp030000-asr_E32022-000_YojiMaekawaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember" xlink:label="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_YoshinobuYamadaMember" xlink:label="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E32022-000_2020-03-31_01_2020-06-22.xsd#jpcrp030000-asr_E32022-000_YoshiyukiOishiMember" xlink:label="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock" xlink:to="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock" xlink:to="jpcrp030000-asr_E32022-000_AccountingPolicyForSignificantDeferredAssetsTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_HighestSharePrice" xlink:to="jpcrp030000-asr_E32022-000_HighestSharePrice_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_HighestSharePrice" xlink:to="jpcrp030000-asr_E32022-000_HighestSharePrice_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF" xlink:to="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF" xlink:to="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForLossOnCancellationOfSystemContractsOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF" xlink:to="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF" xlink:to="jpcrp030000-asr_E32022-000_IncreaseDecreaseInProvisionForShareBasedCompensationOpeCF_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember" xlink:to="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember" xlink:to="jpcrp030000-asr_E32022-000_KazuhiroMaeharaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember" xlink:to="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember" xlink:to="jpcrp030000-asr_E32022-000_KeiichiroHashimotoMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_LowestSharePrice" xlink:to="jpcrp030000-asr_E32022-000_LowestSharePrice_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_LowestSharePrice" xlink:to="jpcrp030000-asr_E32022-000_LowestSharePrice_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock" xlink:to="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock" xlink:to="jpcrp030000-asr_E32022-000_MajorComponentsOfExpensesInGeneralAndAdministrativeExpensesTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MamiYodaMember" xlink:to="jpcrp030000-asr_E32022-000_MamiYodaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MamiYodaMember" xlink:to="jpcrp030000-asr_E32022-000_MamiYodaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember" xlink:to="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember" xlink:to="jpcrp030000-asr_E32022-000_MitsuruAkiyoshiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MizuhoOgataMember" xlink:to="jpcrp030000-asr_E32022-000_MizuhoOgataMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_MizuhoOgataMember" xlink:to="jpcrp030000-asr_E32022-000_MizuhoOgataMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock" xlink:to="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock" xlink:to="jpcrp030000-asr_E32022-000_NotesRegardingThePrincipalOfTrustWithContractForReplacementLossesTextBlock_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers" xlink:to="jpcrp030000-asr_E32022-000_PerformanceBasedStockCompensationRemunerationEtcByCategoryOfDirectorsAndOtherOfficers_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities" xlink:to="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities" xlink:to="jpcrp030000-asr_E32022-000_ProvisionForShareBasedCompensationLiabilities_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI" xlink:to="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI" xlink:to="jpcrp030000-asr_E32022-000_ReversalOfProvisionForLossOnCancellationOfSystemContractsEI_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember" xlink:to="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember" xlink:to="jpcrp030000-asr_E32022-000_SeiichiFusamuraMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TadashiKomineMember" xlink:to="jpcrp030000-asr_E32022-000_TadashiKomineMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TadashiKomineMember" xlink:to="jpcrp030000-asr_E32022-000_TadashiKomineMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E32022-000_TrustFeesSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults" xlink:to="jpcrp030000-asr_E32022-000_TrustPropertyAmountSummaryOfBusinessResults_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember" xlink:to="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember" xlink:to="jpcrp030000-asr_E32022-000_YasuyoshiOyaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YojiMaekawaMember" xlink:to="jpcrp030000-asr_E32022-000_YojiMaekawaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YojiMaekawaMember" xlink:to="jpcrp030000-asr_E32022-000_YojiMaekawaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember" xlink:to="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember" xlink:to="jpcrp030000-asr_E32022-000_YoshiakiSuzukiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember" xlink:to="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember" xlink:to="jpcrp030000-asr_E32022-000_YoshinobuYamadaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember" xlink:to="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember" xlink:to="jpcrp030000-asr_E32022-000_YoshiyukiOishiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_IncreaseDecreaseInProvisionForReimbursementOfDepositsOpeCFBNK" xlink:to="jppfs_cor_IncreaseDecreaseInProvisionForReimbursementOfDepositsOpeCFBNK_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
  </link:labelLink>
</link:linkbase>