Nikkei falls as strong yen triggers profit-taking
* Nikkei snaps 5-day winning streak
* Tax hike delay priced in, raises hopes for measures - traders
* Monetary easing hopes trigger positions in value shares - traders
* SoftBank rises on plan to sell Alibaba stake
By Ayai Tomisawa
TOKYO, June 1 (Reuters) - Japan's Nikkei share average fell on Wednesday and looked set to snap a five-day winning streak as losses on Wall Street soured sentiment and a stronger yen triggered profit-taking.
The Nikkei was down 0.6 percent to 17,130.05 points by late morning.
Defensive stocks underperformed. The utility sector was the worst performer, down 2 percent. Tokyo Electric Power Co shed 1.7 percent and Tokyo Gas declined 2.5 percent.
Exporters were mixed, with Toyota Motor Corp rising 0.6 percent, Honda Motor Co falling 1.0 percent and Panasonic Corp dropping 1.5 percent. Continuación...