Combine 1 cup water, brown sugar, soy sauce and honey in a medium sized pot, bringing to a light boil over medium high heat, stirring frequently.

Whisk together the cornstarch in 1/4 cup water, and stir that into the boiling brown sugar mixture.

Continue to cook, stirring frequently, until coats the back of a spoon.

Use as desired for grilled, cooked or baked teriyaki chicken, as well as over jasmine or other favorite rice.