Often, when using JTable or JTree user writes and assign it is own specific cell renderer.
It is very common to inherit user\'s component
After some digging, found the next implementation note from DefaultTableCellRenderer documentation:
Implementation Note: This class inherits from JLabel, a standard component class. However JTable employs a unique mechanism for rendering its cells and therefore requires some slightly modified behavior from its cell renderer. The table class defines a single cell renderer and uses it as a as a rubber-stamp for rendering all cells in the table; it renders the first cell, changes the contents of that cell renderer, shifts the origin to the new location, re-draws it, and so on. The standard JLabel component was not designed to be used this way and we want to avoid triggering a revalidate each time the cell is drawn. This would greatly decrease performance because the revalidate message would be passed up the hierarchy of the container to determine whether any other components would be affected. As the renderer is only parented for the lifetime of a painting operation we similarly want to avoid the overhead associated with walking the hierarchy for painting operations. So this class overrides the validate, invalidate, revalidate, repaint, and firePropertyChange methods to be no-ops and override the isOpaque method solely to improve performance. If you write your own renderer, please keep this performance consideration in mind.
This is essentially what JB explained above.
Thanks for the (quick) answers