Replace it if necessary.

Inner Tube Inspection
Spring Tension InspectionInquiries to Rider
Each rider reacts to problems in different ways, so it is important to
confirm what kind of condition
the rider is dissatisfied with.
Try to find out exactly what problem occurs under exactly what
conditions by asking the rider; knowing
this information may help you reproduce the prob ...
Check 3-5: Warning Indicator Light (Red LED) (Oil Pressure Warning)
Inspection
Connect the leads in the same circuit as Check 3-2.
Connect the terminal [10] to the battery (–) terminal.
Check that the oil pressure warning symbol [A] and the
warning indicator light (Red LED) [B] go on.
If the indicator light does not go on, replace the meter unit.
...
Warning Indicator Light (LED)
Light (LED) Inspection
The warning indicator light (LED) [A] is used for the FI indicator,
immobilizer indicator (immobilizer equipped models),
water temperature warning indicator and oil pressure
warning indicator.
In this model, the warning indicator light (LED) (FI/immobilizer)
goes ...