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  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_0">Financial assets at fair value through other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_1">Käypään arvoon muiden laajan tuloksen erien kautta arvostettavat rahoitusvarat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-full_NoncurrentAssets_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets_0" xlink:to="lbl_NoncurrentAssets_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_NoncurrentAssets_0">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="9.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets_0" xlink:to="lbl_NoncurrentAssets_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_NoncurrentAssets_1">Pitkäaikaiset varat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncome" xlink:label="loc_ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncome_0" xlink:to="lbl_CurrentPrepaymentsAndCurrentAccruedIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentPrepaymentsAndCurrentAccruedIncome_0">Current prepayments and current accrued income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentPrepaymentsAndCurrentAccruedIncome_0" xlink:to="lbl_CurrentPrepaymentsAndCurrentAccruedIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentPrepaymentsAndCurrentAccruedIncome_1">Lyhytaikaiset maksetut ennakkomaksut ja lyhytaikaiset siirtosaamiset (tulojäämät)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-full_CurrentAssets_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets_0" xlink:to="lbl_CurrentAssets_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentAssets_0">Current assets</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets_0" xlink:to="lbl_CurrentAssets_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentAssets_1">Lyhytaikaiset varat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-full_Assets_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets_0" xlink:to="lbl_Assets_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Assets_0">Assets</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets_0" xlink:to="lbl_Assets_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Assets_1">Varat</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_EquityAttributableToOwnersOfParentAbstract" xlink:label="loc_KONE_EquityAttributableToOwnersOfParentAbstract_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_EquityAttributableToOwnersOfParentAbstract_0" xlink:to="lbl_EquityAttributableOwnersParentAbstract_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_EquityAttributableOwnersParentAbstract_0">Equity attributable to owners of parent [Abstract]</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_EquityAttributableToOwnersOfParentAbstract_0" xlink:to="lbl_EquityAttributableOwnersParentAbstract_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_EquityAttributableOwnersParentAbstract_1">Emoyrityksen omistajille kuuluva oma pääoma [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_FairValueOtherReserves" xlink:label="loc_KONE_FairValueOtherReserves_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_FairValueOtherReserves_0" xlink:to="lbl_FairValueOtherReserves_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_FairValueOtherReserves_0">Fair value and other reserves</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_FairValueOtherReserves_0" xlink:to="lbl_FairValueOtherReserves_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_FairValueOtherReserves_1">FairValueOtherReserves</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_TranslationDifferences" xlink:label="loc_KONE_TranslationDifferences_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_TranslationDifferences_0" xlink:to="lbl_TranslationDifferences_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_TranslationDifferences_0">Translation differences</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_TranslationDifferences_0" xlink:to="lbl_TranslationDifferences_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_TranslationDifferences_1">TranslationDifferences</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_RemeasurementsEmployeeBenefits" xlink:label="loc_KONE_RemeasurementsEmployeeBenefits_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="10.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_RemeasurementsEmployeeBenefits_0" xlink:to="lbl_RemeasurementsEmployeeBenefits_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_RemeasurementsEmployeeBenefits_0">Remeasurements of employee benefits</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="11.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_RemeasurementsEmployeeBenefits_0" xlink:to="lbl_RemeasurementsEmployeeBenefits_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_RemeasurementsEmployeeBenefits_1">RemeasurementsEmployeeBenefits</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_Paid-UpUnrestrictedEquityReserve" xlink:label="loc_KONE_Paid-UpUnrestrictedEquityReserve_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="13.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_Paid-UpUnrestrictedEquityReserve_0" xlink:to="lbl_Paid-UpUnrestrictedEquityReserve_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_Paid-UpUnrestrictedEquityReserve_0">Paid-up unrestricted equity reserve</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="14.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_Paid-UpUnrestrictedEquityReserve_0" xlink:to="lbl_Paid-UpUnrestrictedEquityReserve_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_Paid-UpUnrestrictedEquityReserve_1">Paid-UpUnrestrictedEquityReserve</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="16.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent_0" xlink:to="lbl_EquityAttributableToOwnersOfParent_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EquityAttributableToOwnersOfParent_0">Equity attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="17.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent_0" xlink:to="lbl_EquityAttributableToOwnersOfParent_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EquityAttributableToOwnersOfParent_1">Emoyrityksen omistajille kuuluva oma pääoma</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-full_Equity_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity_0" xlink:to="lbl_Equity_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Equity_0">Equity</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="6.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity_0" xlink:to="lbl_Equity_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Equity_1">Oma pääoma</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-full_NoncurrentLiabilities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities_0" xlink:to="lbl_NoncurrentLiabilities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_NoncurrentLiabilities_0">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities_0" xlink:to="lbl_NoncurrentLiabilities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_NoncurrentLiabilities_1">Pitkäaikaiset velat</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_AdvancePaymentsReceivedDeferredRevenue" xlink:label="loc_KONE_AdvancePaymentsReceivedDeferredRevenue_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_AdvancePaymentsReceivedDeferredRevenue_0" xlink:to="lbl_AdvancePaymentsReceivedDeferredRevenue_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_AdvancePaymentsReceivedDeferredRevenue_0">Advance payments received and deferred revenue</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_AdvancePaymentsReceivedDeferredRevenue_0" xlink:to="lbl_AdvancePaymentsReceivedDeferredRevenue_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_AdvancePaymentsReceivedDeferredRevenue_1">AdvancePaymentsReceivedDeferredRevenue</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-full_CurrentLiabilities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="9.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities_0" xlink:to="lbl_CurrentLiabilities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentLiabilities_0">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="10.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities_0" xlink:to="lbl_CurrentLiabilities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CurrentLiabilities_1">Lyhytaikaiset velat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_Provisions" xlink:label="loc_ifrs-full_Provisions_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions_0" xlink:to="lbl_Provisions_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Provisions_0">Provisions</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions_0" xlink:to="lbl_Provisions_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Provisions_1">Varaukset</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-full_EquityAndLiabilities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities_0" xlink:to="lbl_EquityAndLiabilities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EquityAndLiabilities_0">Equity and liabilities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="6.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities_0" xlink:to="lbl_EquityAndLiabilities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EquityAndLiabilities_1">Oma pääoma ja velat</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_ProfitLossBeforeTaxAbstract" xlink:label="loc_KONE_ProfitLossBeforeTaxAbstract_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ProfitLossBeforeTaxAbstract_0" xlink:to="lbl_ProfitLossBeforeTaxAbstract_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ProfitLossBeforeTaxAbstract_0">Profit (loss) before tax [Abstract]</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ProfitLossBeforeTaxAbstract_0" xlink:to="lbl_ProfitLossBeforeTaxAbstract_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ProfitLossBeforeTaxAbstract_1">Voitto (tai tappio) ennen veroja [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_ProfitLossFromOperatingActivitiesAbstract" xlink:label="loc_KONE_ProfitLossFromOperatingActivitiesAbstract_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ProfitLossFromOperatingActivitiesAbstract_0" xlink:to="lbl_ProfitLossOperatingActivitiesAbstract_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ProfitLossOperatingActivitiesAbstract_0">Profit (loss) from operating activities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ProfitLossFromOperatingActivitiesAbstract_0" xlink:to="lbl_ProfitLossOperatingActivitiesAbstract_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ProfitLossOperatingActivitiesAbstract_1">Liiketoiminnan voitto (tai tappio) [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_CostsExpensesDepreciation" xlink:label="loc_KONE_CostsExpensesDepreciation_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CostsExpensesDepreciation_0" xlink:to="lbl_CostsExpensesDepreciation_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_CostsExpensesDepreciation_0">Costs, expenses and depreciation</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CostsExpensesDepreciation_0" xlink:to="lbl_CostsExpensesDepreciation_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CostsExpensesDepreciation_1">Costs, expenses and depreciation</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CostsExpensesDepreciation_0" xlink:to="lbl_CostsExpensesDepreciation_2"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_CostsExpensesDepreciation_2">CostsExpensesDepreciation</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CostsExpensesDepreciation_0" xlink:to="lbl_CostsExpensesDepreciation_3"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CostsExpensesDepreciation_3">CostsExpensesDepreciation</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities_0" xlink:to="lbl_ProfitLossFromOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLossFromOperatingActivities_0">Profit (loss) from operating activities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities_0" xlink:to="lbl_ProfitLossFromOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLossFromOperatingActivities_1">Liiketoiminnan voitto (tai tappio)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_FinanceCosts" xlink:label="loc_ifrs-full_FinanceCosts_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts_0" xlink:to="lbl_FinanceCosts_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_FinanceCosts_0">Finance costs</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="6.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts_0" xlink:to="lbl_FinanceCosts_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_FinanceCosts_1">Rahoituskulut</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-full_ProfitLossBeforeTax_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax_0" xlink:to="lbl_ProfitLossBeforeTax_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLossBeforeTax_0">Profit (loss) before tax</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="9.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax_0" xlink:to="lbl_ProfitLossBeforeTax_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLossBeforeTax_1">Voitto (tai tappio) ennen veroja</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations_0" xlink:to="lbl_IncomeTaxExpenseContinuingOperations_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_IncomeTaxExpenseContinuingOperations_0">Tax income (expense)</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations_0" xlink:to="lbl_IncomeTaxExpenseContinuingOperations_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_IncomeTaxExpenseContinuingOperations_1">Verokulu (tai -tuotto)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-full_ProfitLoss_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss_0" xlink:to="lbl_ProfitLoss_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLoss_0">Profit (loss)</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss_0" xlink:to="lbl_ProfitLoss_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ProfitLoss_1">Voitto (tai tappio)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare_0" xlink:to="lbl_BasicEarningsLossPerShare_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_BasicEarningsLossPerShare_0">Basic earnings (loss) per share</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare_0" xlink:to="lbl_BasicEarningsLossPerShare_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_BasicEarningsLossPerShare_1">Laimentamaton osakekohtainen tulos (tai tappio)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare_0" xlink:to="lbl_DilutedEarningsLossPerShare_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_DilutedEarningsLossPerShare_0">Diluted earnings (loss) per share</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare_0" xlink:to="lbl_DilutedEarningsLossPerShare_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_DilutedEarningsLossPerShare_1">Laimennusvaikutuksella oikaistu osakekohtainen tulos (tai tappio)</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-full_OtherComprehensiveIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome_0" xlink:to="lbl_OtherComprehensiveIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_OtherComprehensiveIncome_0">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome_0" xlink:to="lbl_OtherComprehensiveIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_OtherComprehensiveIncome_1">Muut laajan tuloksen erät</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-full_ComprehensiveIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome_0" xlink:to="lbl_ComprehensiveIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ComprehensiveIncome_0">Comprehensive income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome_0" xlink:to="lbl_ComprehensiveIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_ComprehensiveIncome_1">Laaja tulos</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_DividendsPaid" xlink:label="loc_ifrs-full_DividendsPaid_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid_0" xlink:to="lbl_DividendsPaid_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_DividendsPaid_0">Dividends recognised as distributions to owners</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid_0" xlink:to="lbl_DividendsPaid_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_DividendsPaid_1">Osingot, jotka on kirjattu varojen jakamisena omistajille</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied" xlink:label="loc_ifrs-full_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0" xlink:to="lbl_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="9.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0" xlink:to="lbl_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_1">Määrä, joka on kirjattu pois rahavirran suojausrahastosta ja sisällytetty sellaisen muun kuin rahoitusvaroihin kuuluvan omaisuuserän (tai muun kuin rahoitusvelkoihin kuuluvan velan) tai kiinteäehtoisen sitoumuksen, johon sovelletaan käyvän arvon suojauslaskentaa, alkuperäiseen hankintamenoon tai muuhun kirjanpitoarvoon</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied" xlink:label="loc_ifrs-full_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="11.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0" xlink:to="lbl_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="12.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_0" xlink:to="lbl_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_AmountRemovedFromReserveOfChangeInValueOfForwardElementsOfForwardContractsAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied_1">Määrä, joka on kirjattu pois termiinisopimusten korko-osuuksien arvonmuutosrahastosta ja sisällytetty sellaisen muun kuin rahoitusvaroihin kuuluvan omaisuuserän (tai muun kuin rahoitusvelkoihin kuuluvan velan) tai kiinteäehtoisen sitoumuksen, johon sovelletaan käyvän arvon suojauslaskentaa, alkuperäiseen hankintamenoon tai muuhun kirjanpitoarvoon</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_KONE_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="15.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0">Increase (decrease) in financial assets measured at fair value through other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="16.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_1">IncreaseDecreaseFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_HedgingForeignSubsidiaries" xlink:label="loc_KONE_HedgingForeignSubsidiaries_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="18.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_HedgingForeignSubsidiaries_0" xlink:to="lbl_HedgingForeignSubsidiaries_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_HedgingForeignSubsidiaries_0">Hedging of foreign subsidiaries</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="19.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_HedgingForeignSubsidiaries_0" xlink:to="lbl_HedgingForeignSubsidiaries_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_HedgingForeignSubsidiaries_1">HedgingForeignSubsidiaries</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_Paid-UpUnrestrictedEquityReserves" xlink:label="loc_KONE_Paid-UpUnrestrictedEquityReserves_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_Paid-UpUnrestrictedEquityReserves_0" xlink:to="lbl_Paid-UpUnrestrictedEquityReserves_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_Paid-UpUnrestrictedEquityReserves_0">Paid-up unrestricted equity reserves</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_Paid-UpUnrestrictedEquityReserves_0" xlink:to="lbl_Paid-UpUnrestrictedEquityReserves_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_Paid-UpUnrestrictedEquityReserves_1">Paid-UpUnrestrictedEquityReserves</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_KONE_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="6.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0">Reserve of cash flow hedges and gains and losses on financial assets measured at fair value through other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_0" xlink:to="lbl_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_1">ReserveCashFlowHedgesGainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_NetIncomePeriod" xlink:label="loc_KONE_NetIncomePeriod_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_NetIncomePeriod_0" xlink:to="lbl_NetIncomePeriod_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetIncomePeriod_0">Net income for the period</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_NetIncomePeriod_0" xlink:to="lbl_NetIncomePeriod_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetIncomePeriod_1">NetIncomePeriod</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_RetainedEarningsPriorPeriods" xlink:label="loc_KONE_RetainedEarningsPriorPeriods_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_RetainedEarningsPriorPeriods_0" xlink:to="lbl_RetainedEarningsPriorPeriods_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_RetainedEarningsPriorPeriods_0">Retained earnings from the prior periods</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_RetainedEarningsPriorPeriods_0" xlink:to="lbl_RetainedEarningsPriorPeriods_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_RetainedEarningsPriorPeriods_1">RetainedEarningsPriorPeriods</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-full_CashAndCashEquivalents_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents_0" xlink:to="lbl_CashAndCashEquivalents_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lbl_CashAndCashEquivalents_0">Cash and cash equivalents at beginning of period</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents_0" xlink:to="lbl_CashAndCashEquivalents_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lbl_CashAndCashEquivalents_1">Rahavarat</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChangesAbstract" xlink:label="loc_KONE_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChangesAbstract_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChangesAbstract_0" xlink:to="lbl_IncreaseDecreaseCashCashEquivalentsBeforeEffectExchangeRateChangesAbstract_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncreaseDecreaseCashCashEquivalentsBeforeEffectExchangeRateChangesAbstract_0">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes [Abstract]</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChangesAbstract_0" xlink:to="lbl_IncreaseDecreaseCashCashEquivalentsBeforeEffectExchangeRateChangesAbstract_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncreaseDecreaseCashCashEquivalentsBeforeEffectExchangeRateChangesAbstract_1">Rahavarojen lisäys (tai vähennys) ennen valuuttakurssien muutosten vaikutusta [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_CashFlowsFromUsedInOperationsAbstract" xlink:label="loc_KONE_CashFlowsFromUsedInOperationsAbstract_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CashFlowsFromUsedInOperationsAbstract_0" xlink:to="lbl_NetCashFlowsUsedInOperationsAbstract_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetCashFlowsUsedInOperationsAbstract_0">Net cash flows from (used in) operations [Abstract]</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CashFlowsFromUsedInOperationsAbstract_0" xlink:to="lbl_NetCashFlowsUsedInOperationsAbstract_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetCashFlowsUsedInOperationsAbstract_1">Liiketoiminnoista saadut (tai liiketoiminnoissa käytetyt) rahavirrat [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperations" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperations_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="3.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperations_0" xlink:to="lbl_CashFlowsFromUsedInOperations_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInOperations_0">Net cash flows from (used in) operations</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperations_0" xlink:to="lbl_CashFlowsFromUsedInOperations_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInOperations_1">Liiketoiminnoista saadut (tai liiketoiminnoissa käytetyt) rahavirrat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_0" xlink:to="lbl_DividendsReceivedClassifiedAsOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_DividendsReceivedClassifiedAsOperatingActivities_0">Dividends received</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_0" xlink:to="lbl_DividendsReceivedClassifiedAsOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_DividendsReceivedClassifiedAsOperatingActivities_1">Saadut osingot, luokiteltu kuuluviksi liiketoimintaan</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities_0" xlink:to="lbl_InterestPaidClassifiedAsOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_InterestPaidClassifiedAsOperatingActivities_0">Interest paid</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities_0" xlink:to="lbl_InterestPaidClassifiedAsOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_InterestPaidClassifiedAsOperatingActivities_1">Maksetut korot, jotka on luokiteltu liiketoimintaan kuuluviksi</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="10.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_0" xlink:to="lbl_InterestReceivedClassifiedAsOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_InterestReceivedClassifiedAsOperatingActivities_0">Interest received</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="11.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_0" xlink:to="lbl_InterestReceivedClassifiedAsOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_InterestReceivedClassifiedAsOperatingActivities_1">Saadut korot, jotka on luokiteltu liiketoimintaan kuuluviksi</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="13.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_0" xlink:to="lbl_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_0">Income taxes refund (paid)</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="14.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_0" xlink:to="lbl_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_1">Tuloverojen maksut (tai palautukset), jotka on luokiteltu liiketoimintaan kuuluviksi</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="16.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_0" xlink:to="lbl_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_0">Other inflows (outflows) of cash</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="17.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_0" xlink:to="lbl_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_1">Muut liiketoiminnan rahavirroiksi luokiteltavat tulevat (tai lähtevät) rahavirrat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="19.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities_0" xlink:to="lbl_CashFlowsFromUsedInOperatingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInOperatingActivities_0">Cash flows from (used in) operating activities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="20.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities_0" xlink:to="lbl_CashFlowsFromUsedInOperatingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInOperatingActivities_1">Liiketoiminnasta saadut (tai liiketoiminnassa käytetyt) rahavirrat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0" xlink:to="lbl_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0">Cash flows from losing control of subsidiaries or other businesses</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0" xlink:to="lbl_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_1">Rahavirrat tytäryrityksiä tai muita liiketoimintoja koskevan määräysvallan menettämisestä, luokiteltu kuuluviksi investointeihin</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0" xlink:to="lbl_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0">Cash flows used in obtaining control of subsidiaries or other businesses</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_0" xlink:to="lbl_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_1">Tytäryrityksiä tai muita liiketoimintoja koskevan määräysvallan saamiseen käytetyt rahavirrat, luokiteltu kuuluviksi investointeihin</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0" xlink:to="lbl_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0">Proceeds from sales of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0" xlink:to="lbl_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lbl_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1">Aineellisten käyttöomaisuushyödykkeiden myynnistä saadut maksut, jotka luokitellaan kuuluviksi investointeihin</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="10.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0" xlink:to="lbl_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0">Purchase of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="11.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0" xlink:to="lbl_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_1">Aineellisten käyttöomaisuushyödykkeiden ostaminen, joka luokitellaan kuuluvaksi investointeihin</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="13.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities_0" xlink:to="lbl_CashFlowsFromUsedInInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInInvestingActivities_0">Cash flows from (used in) investing activities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="14.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities_0" xlink:to="lbl_CashFlowsFromUsedInInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInInvestingActivities_1">Investoinneista saadut (tai investointeihin käytetyt) rahavirrat</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_0" xlink:to="lbl_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_0">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_0" xlink:to="lbl_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lbl_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_1">Maksut sellaisista omistusosuuden muutoksista tytäryrityksessä, jotka eivät johda määräysvallan menettämiseen</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_0" xlink:to="lbl_DividendsPaidClassifiedAsFinancingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_DividendsPaidClassifiedAsFinancingActivities_0">Dividends paid</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="6.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_0" xlink:to="lbl_DividendsPaidClassifiedAsFinancingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lbl_DividendsPaidClassifiedAsFinancingActivities_1">Maksetut osingot, luokiteltu kuuluviksi rahoitukseen</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_ChangeDepositsLoansReceivableNet" xlink:label="loc_KONE_ChangeDepositsLoansReceivableNet_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="10.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ChangeDepositsLoansReceivableNet_0" xlink:to="lbl_ChangeDepositsLoansReceivableNet_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ChangeDepositsLoansReceivableNet_0">Change in deposits and loans receivable, net</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="11.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_ChangeDepositsLoansReceivableNet_0" xlink:to="lbl_ChangeDepositsLoansReceivableNet_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_ChangeDepositsLoansReceivableNet_1">ChangeDepositsLoansReceivableNet</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="13.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities_0" xlink:to="lbl_CashFlowsFromUsedInFinancingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInFinancingActivities_0">Cash flows from (used in) financing activities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="14.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities_0" xlink:to="lbl_CashFlowsFromUsedInFinancingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_CashFlowsFromUsedInFinancingActivities_1">Rahoituksesta saadut (tai rahoituksessa käytetyt) rahavirrat</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_CashFlowsAfterInvestingActivities" xlink:label="loc_KONE_CashFlowsAfterInvestingActivities_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CashFlowsAfterInvestingActivities_0" xlink:to="lbl_CashFlowsAfterInvestingActivities_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_CashFlowsAfterInvestingActivities_0">Cash flows after investing activities</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_CashFlowsAfterInvestingActivities_0" xlink:to="lbl_CashFlowsAfterInvestingActivities_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_CashFlowsAfterInvestingActivities_1">CashFlowsAfterInvestingActivities</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_0" xlink:to="lbl_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_0">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_0" xlink:to="lbl_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_1">Rahavarojen lisäys (tai vähennys) ennen valuuttakurssien muutosten vaikutusta</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_0" xlink:to="lbl_EffectOfExchangeRateChangesOnCashAndCashEquivalents_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EffectOfExchangeRateChangesOnCashAndCashEquivalents_0">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_0" xlink:to="lbl_EffectOfExchangeRateChangesOnCashAndCashEquivalents_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_EffectOfExchangeRateChangesOnCashAndCashEquivalents_1">Valuuttakurssien muutosten vaikutus rahavaroihin</link:label>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2019-03-27/full_ifrs/full_ifrs-cor_2019-03-27.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-full_Revenue_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue_0" xlink:to="lbl_Revenue_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Revenue_0">Revenue</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue_0" xlink:to="lbl_Revenue_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lbl_Revenue_1">Tuotot</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_OperatingProfitPercentageEntitysRevenue" xlink:label="loc_KONE_OperatingProfitPercentageEntitysRevenue_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="1.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_OperatingProfitPercentageEntitysRevenue_0" xlink:to="lbl_OperatingProfitPercentageEntitysRevenue_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_OperatingProfitPercentageEntitysRevenue_0">Operating profit Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="2.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_OperatingProfitPercentageEntitysRevenue_0" xlink:to="lbl_OperatingProfitPercentageEntitysRevenue_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_OperatingProfitPercentageEntitysRevenue_1">OperatingProfitPercentageEntitysRevenue</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_IncomeBeforeTaxesPercentageEntitysRevenue" xlink:label="loc_KONE_IncomeBeforeTaxesPercentageEntitysRevenue_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="4.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncomeBeforeTaxesPercentageEntitysRevenue_0" xlink:to="lbl_IncomeBeforeTaxesPercentageEntitysRevenue_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncomeBeforeTaxesPercentageEntitysRevenue_0">Income before taxes Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="5.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_IncomeBeforeTaxesPercentageEntitysRevenue_0" xlink:to="lbl_IncomeBeforeTaxesPercentageEntitysRevenue_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_IncomeBeforeTaxesPercentageEntitysRevenue_1">IncomeBeforeTaxesPercentageEntitysRevenue</link:label>
    <link:loc xlink:type="locator" xlink:href="kone-2020-12-31.xsd#KONE_NetIncomePercentageEntitysRevenue" xlink:label="loc_KONE_NetIncomePercentageEntitysRevenue_0"></link:loc>
    <link:labelArc xlink:type="arc" priority="0" order="7.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_NetIncomePercentageEntitysRevenue_0" xlink:to="lbl_NetIncomePercentageEntitysRevenue_0"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetIncomePercentageEntitysRevenue_0">Net income Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" priority="0" order="8.0" use="optional" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_KONE_NetIncomePercentageEntitysRevenue_0" xlink:to="lbl_NetIncomePercentageEntitysRevenue_1"></link:labelArc>
    <link:label xlink:type="resource" xml:lang="fi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lbl_NetIncomePercentageEntitysRevenue_1">NetIncomePercentageEntitysRevenue</link:label>
  </link:labelLink>
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