Nikkei up 0.2 pct, led by exporters

TOKYO, May 16 (Reuters) - Japan's Nikkei stock average rose 0.2 percent on Friday, extending gains into a fifth day as stocks tracked overnight gains on Wall Street, led by exporters such as Honda Motor Co Ltd (7267.T).

The market pared earlier gains as investors locked in profits, with the Nikkei dipping into negative territory at one point.

The benchmark Nikkei .N225 ended the morning up 21.97 points at 14,273.71. The broader TOPIX index rose 0.7 percent to 1,402.23. (Reporting by Taiga Uranaka)