2013.08.1506:12:09UTC+00Japan stocks pullback after Wall Street declines

Japanese stocks sharply sag down early Thursday action to retrace some strong advances logged in the last two sessions, with real-estate and autom obile companies among the leading backsliders. The Nikkei Stock Average gave up 1.3% to 13,864.85 and the broader Topix skidded 1.1% to 1,158.41, weighed by overnight losses on Wall Street and worries about increasing U.S. rates. Tokyu Land Corp. relinquished 2.2%, Sumitomo Realty & Development Co. slumped 2%, Hino Motors Ltd. shrank 2.6% and Mitsubishi Motors Corp. traded 2.4% lower.