<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                   FORM 10-K/A
                                   -----------

             [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                 SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
                    FOR THE FISCAL YEAR ENDED MARCH 31, 2002

                                       OR

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
                        FOR THE TRANSITION PERIOD FROM TO

                       Commission file number 333-71022-01


                    HONDA AUTO RECEIVABLES 2002-1 OWNER TRUST
                    -----------------------------------------
             (Exact name of registrant as specified in its charter)

<TABLE>
<S>                                                     <C>
                  ===================================== ===================================

                                DELAWARE                            01-6172974
                  ===================================== ===================================

                    (State or other jurisdiction of              (I.R.S Employer
                             incorporation)                    Identification No.)
                  ===================================== ===================================
======================================================= =====================================================

                 700 VAN NESS AVENUE
                     TORRANCE, CA                                              90501
======================================================= =====================================================

       (Address of principal executive offices)                              (Zip Code)
======================================================= =====================================================

                    Registrant's telephone number, including area code: (310) 781-6131

                        Securities registered pursuant to section 12(g) of the Act:


                                                       NONE
                                                (Title of class)
</TABLE>


   Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant

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was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
       YES   [X]      NO   [   ]


   Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not contained, to the
best of registrant's knowledge, in definitive proxy or 'information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ X ]

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PART I


Item 1.  Business


   The following tables set forth the number and aggregate principal amount of
delinquent receivables, the delinquency rates, and aggregate net losses of the
Honda Auto Receivables 2002-1 Owner Trust as of March 31, 2002 :


1. Delinquent Contracts:

<TABLE>
<CAPTION>
                                                               CONTRACTS                     AMOUNT ($000'S)
                                                               ---------                     ---------------
<S>                                                            <C>                           <C>
a. 31 - 60 Days Delinquent                                         1,633                              21,625
b. 61 - 90 Days Delinquent                                           158                               2,008
c. 91 Days or More Delinquent                                          1                                   2
</TABLE>

2. Delinquent Ratio:

<TABLE>
<CAPTION>
                                                                                            AMOUNT ($000'S)
                                                                                            ---------------
<S>                                                            <C>                           <C>
a. Delinquent Balance                                                                                23,635
b. Total Pool Balance                                                                             1,879,711
c. Delinquency Ratio                                                                                  1.26%
</TABLE>

3. Aggregate Net Losses:

<TABLE>
<CAPTION>
                                                                                             AMOUNT ($000'S)
                                                                                             ---------------
<S>                                                            <C>                           <C>
a. Cumulative Net Losses                                                                                 179
b. Original Portfolio                                                                              2,082,212
c. Aggregate Loss Ratio                                                                                0.01%
</TABLE>

Item 2.  Properties

          The Honda Auto Receivables 2002-1 Owner Trust (the "Trust") is a
          Delaware business trust formed pursuant to the trust agreement (the
          "Agreement") between American Honda Receivables Corp., as seller (the
          "Deposit"), and U.S. Bank Trust National Association, as Owner
          Trustee.

          The Trust has issued four classes of notes and class of certificates
          ("Class A-1 Notes 1.82%", "Class A-2 Notes 2.55%", "Class A-3 Notes
          3.50% ", "Class A-4 Notes 4.22%". The notes are backed by a pledge of
          the trust's assets. Interest and principal collections from trust
          assets




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          will be divided among the various classes of securities in specified
          proportions.

          The Trust's assets include fixed rate motor vehicles retail
          installment sales contracts secured by new and used Honda and Acura
          motor vehicles (the "Receivables").


Item 3.  Legal Proceedings
          N/A


Item 4.  Submission of Matters to a Vote of Security Holders
          N/A

--------------------------------------------------------------------------------


PART II


Item 5.  Market For Registrant's Common Equity and Related Stockholder Matters

          All holders of records of the Class A Certificates issued by Honda
          Auto Receivables 2002-1 Owner Trust (except for American Honda
          Receivables Corp.) are registered through the nominee of Cede.


Item 6.  Selected Financial Data
          N/A


Item 7.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations
          N/A


Item 8.  Financial Statements and Supplementary Data
          N/A


Item 9.  Changes In and Disagreements with Accountants on Accounting and
         Financial Disclosure
          N/A

--------------------------------------------------------------------------------


PART III


Item 10. Directors and Executive Officers of the Registrant
          N/A


Item 11. Executive Compensation
          N/A


Item 12. Security Ownership of Certain Beneficial Owners and Management
          N/A


Item 13. Certain Relationships and Related Transactions
          N/A

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PART IV


Item14. Exhibits, Annual Account's Report, and Reports on Form 8-K.


(a) Exhibits(1)


The exhibits listed on the accompanying Exhibit Index are filed as part of this
report.


(b) Reports


FORM 8K         REPORTS                                       DATE
                -------                                       ----
                The month of Apr. 2001                        (May.15, 2001)


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                The month of May. 2001                        (Jun.15, 2001)
                The month of Jun. 2001                        (Jul.16, 2001)
                The month of Jul. 2001                        (Aug.15, 2001)
                The month of Aug. 2001                        (Sep.17, 2001)
                The month of Sep. 2001                        (Oct.15, 2001)
                The month of Oct. 2001                        (Nov.15, 2001)
                The month of Nov. 2001                        (Dec.17, 2001)
                The month of Dec. 2001                        (Jan.15, 2002)
                The month of Jan. 2002                        (Feb.15, 2002)
                The month of Feb. 2002                        (Mar.15, 2002)
                The month of Mar. 2002                        (Apr.15, 2002)


--------------------------------------------------------------------------------

(1)    The material noncompliance relating to insurance requirements noted in
       the third paragraph of the Independent Accountants' Report, attached as
       Exhibit 99(a) hereto, relates to the applicable USAP servicing standards
       requirement that a servicer have in place an errors and omissions policy.
       American Honda Finance Corporation, as the servicer, has agreed to
       obtain, and is in the process of obtaining, an acceptable errors and
       omissions policy.


SIGNATURES
----------


     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.



                                      American Honda Receivables Corp.


                                      By: /s/ John I. Weisickle
                                          ----------------------------
                                          Name:  John I. Weisickle
                                          Title: Treasurer



February 19, 2004


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                                  EXHIBIT INDEX



EXHIBIT NUMBER     DESCRIPTION                          METHOD OF FILING
--------------     -----------                          ----------------

99(a)              Independent Accountants' Report      Filed herewith.

99(b)              Annual Statement                     Filed herewith.