Lots of guitars and bases being built in the late '70s to very early '80s with that form of construction, mainly Japanese. Ibanez, Aria, Vantage, Washburn & Westone - to name but I few that I know of. Not all had a natural finish. Probably copying the Alembic style initially as Tweaky said, though there may may been others apart from Alembic doing it, though Alembic were certainly the best known.