Many compact cameras of the 70s and P+Ses of the 80s, especially those with electrically controlled exposure/apertures, used a small number of aperture blades, like 2-4 blades, often producing a somewhat star-shaped aperture (or cat-eye for the 2 blade types) at intermediate stops. I think some of them may even use the shutter blades to form the aperture, but don't hold me to that. Anyway, users, especially users of these entry-level cameras, were less obsessed with round aperture shape than they are now. They just wanted correct exposure.
I would guess that your camera has 4 blades and maybe is supposed to form a 4-pointed squarish star aperture and is a little out of adjustment, but I'd also be inclined not to mess with it unless you can establish that the exposure is off.