Nikkei falls 0.6 pct, banks continue to suffer

(Updates to midday)

TOKYO, July 16 (Reuters) - Japan's Nikkei share average fell 0.6 percent on Wednesday, with bank shares extending the previous day's sharp losses amid deepening worries about the financial sector.

Toyota Motor Corp (7203.T) slid on a report that the automaker would cut its global sales target for this year due to a slowdown in U.S. sales. [ID:nT219037]

A stronger yen added to exporters' woes, with video game maker Nintendo Co Ltd (7974.OS) losing more than 4 percent.

The benchmark Nikkei .N225 ended the morning down 73.39 points at 12,681.17. The broader Topix lost 0.9 percent to 1,241.93.