Japanese share market declined on Monday, 04 August 2014, registering third consecutive drop, as risk sentiments dented on tracking a big selloff on Wall Street Friday, concerns over economic uncertainty in Europe, and the yen's rise against major rivals. The benchmark Nikkei 225 index dropped 48.61 points to close at 15474.50, while the Topix index fell 5.11 points to 1276.19.