diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 84c1e8200c7f..d75f1139d357 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -473,7 +473,7 @@
   "google-cloud-kms+FILLER": "0.0.0",
   "google-cloud-kms-inventory": "1.3.2",
   "google-cloud-kms-inventory+FILLER": "0.0.0",
-  "google-cloud-kms-inventory-v1": "0.16.1",
+  "google-cloud-kms-inventory-v1": "0.16.2",
   "google-cloud-kms-inventory-v1+FILLER": "0.0.0",
   "google-cloud-kms-v1": "1.9.1",
   "google-cloud-kms-v1+FILLER": "0.0.0",
diff --git a/google-cloud-kms-inventory-v1/CHANGELOG.md b/google-cloud-kms-inventory-v1/CHANGELOG.md
index 3cd10c533ae6..8b4a807385fb 100644
--- a/google-cloud-kms-inventory-v1/CHANGELOG.md
+++ b/google-cloud-kms-inventory-v1/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+### 0.16.2 (2026-01-13)
+
+#### Documentation
+
+* Marking MODIFIED_CUSTOMER_INITIATED_ACCESS and MODIFIED_GOOGLE_INITIATED_SYSTEM_OPERATION Key Access Justification codes as deprecated in favor of GOOGLE_RESPONSE_TO_PRODUCTION_ALERT ([#32338](https://github.com/googleapis/google-cloud-ruby/issues/32338)) 
+
 ### 0.16.1 (2025-10-27)
 
 #### Documentation
diff --git a/google-cloud-kms-inventory-v1/lib/google/cloud/kms/inventory/v1/version.rb b/google-cloud-kms-inventory-v1/lib/google/cloud/kms/inventory/v1/version.rb
index 2e2ffbb3e9c2..5eeab2f68ea8 100644
--- a/google-cloud-kms-inventory-v1/lib/google/cloud/kms/inventory/v1/version.rb
+++ b/google-cloud-kms-inventory-v1/lib/google/cloud/kms/inventory/v1/version.rb
@@ -22,7 +22,7 @@ module Cloud
     module Kms
       module Inventory
         module V1
-          VERSION = "0.16.1"
+          VERSION = "0.16.2"
         end
       end
     end
diff --git a/google-cloud-kms-inventory-v1/snippets/snippet_metadata_google.cloud.kms.inventory.v1.json b/google-cloud-kms-inventory-v1/snippets/snippet_metadata_google.cloud.kms.inventory.v1.json
index 3c1f83b5b6c1..2f7f3f5b79b7 100644
--- a/google-cloud-kms-inventory-v1/snippets/snippet_metadata_google.cloud.kms.inventory.v1.json
+++ b/google-cloud-kms-inventory-v1/snippets/snippet_metadata_google.cloud.kms.inventory.v1.json
@@ -1,7 +1,7 @@
 {
   "client_library": {
     "name": "google-cloud-kms-inventory-v1",
-    "version": "0.16.1",
+    "version": "0.16.2",
     "language": "RUBY",
     "apis": [
       {