The 43-86mm f/3.5 was not in fact the first standard zoom lens to see the light of day at Nippon Kogaku K.K..
In 1961, the birth of the Auto NIKKOR WIDE-ZOOM 35-80mm f/2.8-4 was announced alongside that of the Reflex-NIKKOR 500mm f/5 reflex telephoto and other new lenses.
This zoom lens was a revolutionary product insofar as it was the first ever lens of the concave-convex 2-group zoom type which is now the benchmark configuration for today's standard and wide angle zoom lenses.
HIGUCHI, Takashi was at the time tackling the development of this new genre, the standard zoom, from two completely different approaches, the 43-86mm f/3.5 3-group zoom type, and the 35-80mm f/2.8 2-group type.
However the 35-80mm f/2.8 zoom was never mass-produced or sold, despite the announcement of its creation. According to the May 1961 issue of Japanese "Shashin Kogyo" ("Photography Industry", pub. Shashin Kogyo Shuppansha) magazine in which the announcement appeared, the lens had an 8-group, 13-element configuration, length of 95mm, maximum diameter of 90mm, weight of 1.1 kg, and a filter attachment size of 82mm diameter , making it a behemoth of a lens.
Even though the f-numbers and other specs differ slightly, you can get an idea of exactly how unwieldy it would have been by comparison with the latest AI AF Zoom-Nikkor 28-80mm f/3.5-5.6D (8-group, 8-element, length 88mm, maximum diameter 65mm, weight 265 g, filter attachment size 58 mm diameter).
It seems that sheer weight and size were among the main reasons that production was called off.
But this did not signal the end for HIGUCHI's revolutionary 2-group zoom design.
Far from it, the concept remains alive and flourishing in fact in the form of the AI Zoom-Nikkor 35-70mm f/3.5 put on the market in 1977,
right through to the AI AF Zoom-Nikkor 28-80mm f/3.5-5.6D being sold presently.