<?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_E33633-000_AndoMasahiroMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Ando, Masahiro</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_AndoMasahiroMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Ando, Masahiro [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive waste treatment business</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Comprehensive waste treatment business, Reportable segment [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_FujiiShuzoMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Fujii, Shuzo</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_FujiiShuzoMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fujii, Shuzo [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_ImaiMasamiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Imai, masami</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_ImaiMasamiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Imai, masami [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Ishihara, Hiroshi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Ishihara, Hiroshi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_KinoTakashiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Kino, Takashi</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_KinoTakashiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Kino, Takashi [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_KurosakiMakotoMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Kurosaki, makoto</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_KurosakiMakotoMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Kurosaki, makoto [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Matsuura, Yoshitada</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Matsuura, Yoshitada [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Muraki, Nobuhiko</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Muraki, Nobuhiko [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MurataniKoujiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Muratani, Kouji</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_MurataniKoujiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Muratani, Kouji [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_OkadaTakuyaMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Okada, Takuya</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_OkadaTakuyaMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Okada, Takuya [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_SaitoYozoMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Saito, Yozo</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_SaitoYozoMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Saito, Yozo [member]</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_SakaharaKenjiMember_label" xlink:role="http://www.xbrl.org/2003/role/label">Sakahara, Kenji</link:label>
    <link:label xml:lang="en" xlink:type="resource" xlink:label="jpcrp030000-asr_E33633-000_SakaharaKenjiMember_label_1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sakahara, Kenji [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/2021-11-01/jppfs_cor_2021-11-01.xsd#jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:label="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" />
    <link:loc xlink:type="locator" xlink:href="http://disclosure.edinet-fsa.go.jp/taxonomy/jppfs/2021-11-01/jppfs_cor_2021-11-01.xsd#jppfs_cor_RestatedBalance" xlink:label="jppfs_cor_RestatedBalance" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_AndoMasahiroMember" xlink:label="jpcrp030000-asr_E33633-000_AndoMasahiroMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember" xlink:label="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_FujiiShuzoMember" xlink:label="jpcrp030000-asr_E33633-000_FujiiShuzoMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_ImaiMasamiMember" xlink:label="jpcrp030000-asr_E33633-000_ImaiMasamiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_IshiharaHiroshiMember" xlink:label="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_KinoTakashiMember" xlink:label="jpcrp030000-asr_E33633-000_KinoTakashiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_KurosakiMakotoMember" xlink:label="jpcrp030000-asr_E33633-000_KurosakiMakotoMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember" xlink:label="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_MurakiNobuhikoMember" xlink:label="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_MurataniKoujiMember" xlink:label="jpcrp030000-asr_E33633-000_MurataniKoujiMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_OkadaTakuyaMember" xlink:label="jpcrp030000-asr_E33633-000_OkadaTakuyaMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_SaitoYozoMember" xlink:label="jpcrp030000-asr_E33633-000_SaitoYozoMember" />
    <link:loc xlink:type="locator" xlink:href="jpcrp030000-asr-001_E33633-000_2022-03-31_01_2022-06-27.xsd#jpcrp030000-asr_E33633-000_SakaharaKenjiMember" xlink:label="jpcrp030000-asr_E33633-000_SakaharaKenjiMember" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_AndoMasahiroMember" xlink:to="jpcrp030000-asr_E33633-000_AndoMasahiroMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_AndoMasahiroMember" xlink:to="jpcrp030000-asr_E33633-000_AndoMasahiroMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember" xlink:to="jpcrp030000-asr_E33633-000_ComprehensiveWasteTreatmentBusinessReportableSegmentMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_FujiiShuzoMember" xlink:to="jpcrp030000-asr_E33633-000_FujiiShuzoMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_FujiiShuzoMember" xlink:to="jpcrp030000-asr_E33633-000_FujiiShuzoMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_ImaiMasamiMember" xlink:to="jpcrp030000-asr_E33633-000_ImaiMasamiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_ImaiMasamiMember" xlink:to="jpcrp030000-asr_E33633-000_ImaiMasamiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember" xlink:to="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember" xlink:to="jpcrp030000-asr_E33633-000_IshiharaHiroshiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_KinoTakashiMember" xlink:to="jpcrp030000-asr_E33633-000_KinoTakashiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_KinoTakashiMember" xlink:to="jpcrp030000-asr_E33633-000_KinoTakashiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_KurosakiMakotoMember" xlink:to="jpcrp030000-asr_E33633-000_KurosakiMakotoMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_KurosakiMakotoMember" xlink:to="jpcrp030000-asr_E33633-000_KurosakiMakotoMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember" xlink:to="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember" xlink:to="jpcrp030000-asr_E33633-000_MatsuuraYoshitadaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember" xlink:to="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember" xlink:to="jpcrp030000-asr_E33633-000_MurakiNobuhikoMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MurataniKoujiMember" xlink:to="jpcrp030000-asr_E33633-000_MurataniKoujiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_MurataniKoujiMember" xlink:to="jpcrp030000-asr_E33633-000_MurataniKoujiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_OkadaTakuyaMember" xlink:to="jpcrp030000-asr_E33633-000_OkadaTakuyaMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_OkadaTakuyaMember" xlink:to="jpcrp030000-asr_E33633-000_OkadaTakuyaMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_SaitoYozoMember" xlink:to="jpcrp030000-asr_E33633-000_SaitoYozoMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_SaitoYozoMember" xlink:to="jpcrp030000-asr_E33633-000_SaitoYozoMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_SakaharaKenjiMember" xlink:to="jpcrp030000-asr_E33633-000_SakaharaKenjiMember_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jpcrp030000-asr_E33633-000_SakaharaKenjiMember" xlink:to="jpcrp030000-asr_E33633-000_SakaharaKenjiMember_label_1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies" xlink:to="jppfs_cor_CumulativeEffectsOfChangesInAccountingPolicies_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
    <link:labelArc xlink:type="arc" xlink:from="jppfs_cor_RestatedBalance" xlink:to="jppfs_cor_RestatedBalance_label" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" order="1" />
  </link:labelLink>
</link:linkbase>