TOKYO, April 5 (Reuters) - Japan's Nikkei share average ended higher on Tuesday in seesaw-trading, tracking overnight strength in Wall Street, though investor caution about corporate outlook capped gains.

The Nikkei index inched up 0.19% to close at 27,787.98, after falling as much as 0.26% earlier in the session.

"The only reason that lifted the market was Wall Street's gains," said Shuji Hosoi, senior strategist at Daiwa Securities.

"With the fiscal year just ending, we are expecting corporate guidance to come out and those are not expected to be positive with the impact of the COVID-19 and rising commodity prices due to the Russia-Ukraine conflict."

Fast Retailing rose 2.06%, providing the biggest boost for the Nikkei, followed by technology investor SoftBank Group, rising 2.61% and chip making equipment maker Tokyo Electron climbing 0.88%.

Oil explorers led gains among the Tokyo Stock Exchange's 33 industry subindexes, rising 1.84% as oil prices rose.

Retailers were also strong, with Shimamura surging 7.31% after the casual clothing shop operator raised prices and flagged a record annual profit.

Insurers and banks led losses in the industry subindexes, losing 3.45% and 1.73%, respectively.

The broader Topix fell 0.23% to end at 1,949.12, also in a range-bound trading session.

Banking giant Mitsubishi UFJ Financial Group dragged the Topix the most, falling 2.02%.

T&D Holdings and Dai-ichi Life were top losers on the Nikkei, falling 4.76% and 4.43%.

(Reporting by Junko Fujita; editing by Uttaresh.V and Rashmi Aich)