TOKYO, Sept 4 (Reuters) - Japanese shares fell on Friday, after a sell-off in high-flying U.S. technology stocks dragged Wall Street's main indexes to their sharpest decline in nearly three months.
The benchmark Nikkei share average .N225 declined 0.96% to 23,240.95, retreating from its highest close since Feb. 21 hit in the previous session. Declining issues outnumbered advancers by 163 to 58 on the index.
In the broader market, Topix .TOPX lost 0.73% to 1,619.33, with nearly two-thirds of the 33 sector sub-indexes on the Tokyo exchange trading in negative territory.
For the week, the Nikkei index has gained nearly 1.6% and Topix has climbed 0.9%.
Overnight, Wall Street's main indexes posted their biggest single-day percentage declines since June, dragged by heavy losses across the technology sector.
The top percentage loser on the Nikkei index was semiconductor manufacturer Alps Alpine Co 6770.T with a drop of around 4%.
Also weighing on Tokyo-listed technology sector was an overnight drop in the Philadelphia chip index .SOX , which fell almost 6%.
Meanwhile, Honda Motor Co 7267.T climbed 2.71% after it revealed its plans with U.S. General Motors (NYSE: GM ) GM.N to team up in North America to jointly develop a range of vehicles. Motor 7203.T also firmed, up 1.07%, as its sales in China surged last month. the index of Mothers start-up market .MTHR slipped 2.87% to 1,136.89%.
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