Japanese stocks fall on U.S. recession fears

(Updates to midsession)

TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average fell more than 4 percent on Wednesday, led by banks and exporters such as Honda Motor Co Ltd (7267.T: Quote, Profile, Research, Stock Buzz) on growing fears of a U.S. recession and a spate of outlook cuts by Japanese companies.

Mitsubishi UFJ Financial Group (8306.T: Quote, Profile, Research, Stock Buzz), Japan's No.1 bank, fell sharply as banks came under pressure on U.S. warnings that lenders could be hit by credit downgrades for U.S. bond insurers.

The benchmark Nikkei average .N225 ended the morning session down 4.1 percent at 13,178.16. The broader TOPIX index fell 3.7 percent to 1,305.03. (Reporting by Taiga Uranaka)