Nikkei dips 0.2 pct, exporters sold on firmer yen

(Updates to midday)

TOKYO, May 12 (Reuters) - Japan's Nikkei share average dipped 0.2 percent on Monday, down for a third day, dragged lower by exporters such as Honda Motor (7267.T) on a firmer yen against the dollar.

Financials also extended losses, with Japan's largest bank Mitsubishi UFJ Financial Group (8306.T) falling 2.9 percent amid rekindled concerns about the health of the sector following a massive loss by American International Group (AIG.N).

The benchmark Nikkei average .N225 ended the morning down 23.3 points at 13,632.04. The broader TOPIX index shed 0.7 percent to 1,331.89.