#1 You can't change a column
type... So Migrate it

If you care about the lookup name, then step 1 is to rename the existing.
Just change the names MyTemp, #mytemp. Save. (this will make the Last_modified column update to Now.) now create your new Read, #read (Date Type).
In Kobo Utilities CONFIGURE, adjust the setting % is now blank, Last Read is #read
Then we need to Migrate the existing (%read column) to a date in #read
We will select the books (search for those that need updating )
In my TEST I used the Last Modified (if year was 19) as MY trigger USE YOUR 100% column and value
In the Replace field: yours will be #read ,
and you will put a valid date (your choice: eg 01 Jan 2019 as a flag that it was migrated and you do not know the actual date?) into the
replace with
That help?