* Nikkei dips but energy-linked shares up after oil's surge * Nikkei stuck just below 25-day moving average
By Masayuki Kitano
TOKYO, Sept 9 (Reuters) - Japan's Nikkei stock average edged 0.2 percent lower on Wednesday, with exporters such as Canon hurt by the yen's recent firmness, while energy-linked shares rose following a surge in oil prices.
The yen has already risen above levels expected by major manufacturers for the current fiscal year.
"The yen is showing signs of strengthening again... If the dollar falls below 92 yen the impact may be big and such concerns are weighing on stocks," said Yutaka Miura, senior technical analyst for Mizuho Securities.
The dollar was steady against the yen at 92.37 yen, near a seven-week low of 91.94 yen hit last week.
The average exchange rate for the dollar versus the yen expected by major manufacturers for the year to March 2010 was 94.85 yen, with 94.77 yen expected for the second half, data from the Bank of Japan shows.
Market players fret that the yen's rise against the dollar could hurt the outlook for corporate earnings, as as stronger yen cuts into the value of exporters' overseas profits when they are repatriated.
The Nikkei dipped 0.2 percent to 10,369.65, hovering below resistance at the 25-day moving average, which lies above 10,400.
Miura at Mizuho Securities said the Nikkei was likely to trade between 10,000 to 10,700 for the rest of the week. The broader Topix index slipped 0.3 percent to 943.79.
Shares in information services company CSK Holdings Corp retreated 3.3 percent to 405 yen after it said it would bolster its capital by 52 billion yen ($563 million) and cut its annual earnings forecast to a loss instead of a profit.
Among exporters, Canon fell 2 percent to 3,520 yen and Toyota Motor Corp slipped 0.8 percent to 3,840 yen.
But energy-linked shares gained, with Nippon Oil Corp edging up 0.2 percent to 535 yen and oil and gas field developer Inpex rising 2.4 percent to 759,000 yen. (Reporting by Masayuki Kitano; Editing by Edwina Gibbs)