The engine has an automatic decompressor.
Honda have the best by far and rarely give any problems.
To work properly the valve lash must be correct and in particular must not be excessively large.
So remove the rocker cover and check the valve lash.
If it is correct then it is new cam shaft time.
Also note that some of the domestic grade engines have a thin pressed tin rocker cover that will warp when removed.
So it might need to be replaced .
Also some are glued down with Honda bond ( silicon ) and every bit of it must be removed.I always fit gaskets, even if I have to cut one where there was none one.
A little weeping at the surface is a lot better than 2 hours cleaning the crud off.
If it is a old engine the breather hose should also get renewed.