as far as I know, the only Continental Events approved as Olympic Qualifier are the European Games and the Pan-American Games (at least, those are the only 2 named in the official qualification document on the WKF website)...
therefore, for Asia, Africa and Oceania the following statement should be considered:
"If Continental Games are not approved as a qualification event on a specific continent, then the highest ranked athlete not yet qualified from the Olympic Standing on 6 April 2020 from that specific continent, will obtain the quota place, respecting the maximum quota per NOC."
so, this event should give points for the OQR, but shouldn't be among those events giving up direct quota (which will be reallocated to the OQR, also to choose the best male and female for the Continental Quota)...
basically, it's quite a mess...they could (and should) definitely have made it a lot simpler, imho...