CONFIG_H8300_TIMER16 is not available for thedefaultarchitecture x86.
Result is shown for architecture h8300

16bit timer

modulename: timer16.ko

configname: CONFIG_H8300_TIMER16

Timer
└─>16bit timer
In linux kernel since version 2.6.28 (release Date: 2008-12-24)  
source code:
arch/h8300/kernel/timer/timer16.c