* Elpida jumps, sources say it plans to seek govt funds
* Tech and banking shares trim some of week's losses
* GS Yuasa slides, pulls back from week's highs
By Masayuki Kitano
TOKYO, June 19 (Reuters) - Japan's Nikkei average rose 0.6 percent on Friday after a rise in the U.S. Dow and S&P 500, with investors picking up shares such as Canon Inc that fell earlier in the week.
Elpida Memory Inc jumped 6.6 percent to 1,103 yen after three sources familiar with the matter said the chip maker plans to apply for tens of billions of yen in government funds this month to shore up its depleted capital.
A broad swathe of sectors rose, including some tech shares, financial stocks and automakers that had fallen earlier in the week, with Canon rising 3.2 percent to 3,200 yen and Sumitomo Mitsui Financial Group up 2.6 percent at 4,020 yen.
Among losers were car battery maker GS Yuasa Corp, which slid 8.8 percent to 1,033 yen. GS Yuasa had climbed as high as 1,228 yen this week, its share price having tripled from a March trough of 376 yen.
The Nikkei has pulled back this week as profit-taking emerged in the wake of its rise to an eight-month high above 10,000 yen last week. Tokyo shares seem likely to face more profit-taking in the near term, said Masayoshi Okamoto, head of dealing at Jujiya Securities.
"This is probably not a full-scale pullback, but it is hard to say how long it will continue and what form it will take," Okamoto said.
"But it seems pretty certain that it will be pretty hard to see it trade above 10,000," Okamoto said, adding that institutional investors seem more keen to book profits after seeing this week's retreat in Tokyo shares.
The Dow and S&P 500 rose on Thursday, supported by data showing that the number of people staying on jobless benefits fell for the first time since January, while manufacturing in the U.S. Mid-Atlantic region contracted much less than expected in June. (Editing by Michael Watson)