Not that I'm a Kawi guy:
But, usually the end of bolts in that application have a smooth surface and a shoulder cut into them. Other wise the threads would tear up any groove cut into the pivot arm shaft itself.
I was just looking at one of these yesterday as my bud was moving out and I noticed his left side case was broke a bit where that bolt is located.
That just looks like a case guard bolt or something??
All our government does is distract us while they steal from us, misspend our tax $ and ruin our country