* Nikkei inches down 0.04 pct after touching 7-week peak

* Panasonic slips after cutting earnings forecasts

By Shinichi Saoshiro

TOKYO, Feb 5 (Reuters) – Japan’s Nikkei share average handed back earlier modest gains and stood little changed on Tuesday, with a three-day winning run stalling as the market digested a series of corporate earnings.

At the end of the morning session, the Nikkei was down 0.04 percent at 20,875.38 after briefly brushing 20,981.23, its

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