Howa Golden Bear is very similar to its parent weapon, the Sako L61R "Finnbear". In 1979, an updated design/model of the Howa Golden Bear, the M1500 was introduced, with the older Golden Bear model becoming discontinued in same year. Also in the US Market, Weatherby, which had a business connections with Howa, also sold Howa rifles ( OEM) under the name of Weatherby Vanguard. In United States, the Howa rifles were sold by Dickson Roses company as "Dickson-Howa Golden Bear". In Japan, only the deluxe model was sold. The Golden Bear was launched in Japan and the United States in 1967, and the export specification grades were three types: deluxe, presentation, and medallion. At the time, it was the only large caliber hunting rifle available domestically in Japan. In 1967, Howa introduced the Howa Golden Bear large-caliber rifle at the US Open rifle exhibition in Chicago, USA. During the development, the designers used the Finnish SAKO L61R "Finnbear" as basis of the design. Soon after releasing the Howa M300, the company began working on a new type of a hunting rifle in order to meet the demand for large-caliber bolt-action rifles in Japan. In the same year, Howa released the M300 as a hunting gun for domestic markets. Howa Industries established their firearms manufacturing plant in 1960 after World War II.
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