Most likely yes. The 532 came from a police bike maybe? It's possibly meant to handle more power than the 230 series, I'm guessing.
Any more -modern, from the 2000's, Kawasaki factory reg/rec with three yellow, one red, one black, and one brown wire should swap with any other one. The connectors may differ, requiring splicing wires, though.
I'm not sure if this helps, but my bike came with 530 series and it's an 82 750. Wiring seems to be all the same.
82' KZ750-R1 cafe racer style. Clip-on, Rear set, Fork-Brace, Mikuni Flat-slide (forgot the size), Kerker.
84' GPz750 (basket case). everything are in pieces.
89' ZX750-H1 (ZX-7 Ninja). Resurrection project are on going with my KZ750. Everything is stock.