Here's a question. Why is the inner bearing retainer ring on the drive side of the hub even necessary at all? The bearing is an interference or press fit, and bottoms against an inside lip.
The brake side bearing hole has no lip, so the inside bearing spacer has to be put in and the bearing carefully installed to the proper depth.
So what does that bearing retainer do? Typical Honda over-cautious design? They continued this hub design on the CB500-550-650 fours and DOHC 750s and 900s, but never used a bearing retainer again. And Kawasaki and Suzuki never used them on their superbikes. Pressed in wheel bearings do not move laterally.
The outer bearing retainer, in the sprocket carrier, contains a seal, so is useful, but everyone later used a seal the O.D. of the bearing.