UPDATE 3-Japan greenhouse emissions fell 6.2% last yr

* Greenhouse gases down 85 million tonnes at 1.286 bln

* Recession, warm winter, fuel efficient cars helped cuts

* For graphic, click; here (Adds analysts comments, graphic)

By Risa Maeda

TOKYO, Nov 11 (Reuters) - Japan's greenhouse gas pollution fell 6.2 percent in the last financial year, the government said on Wednesday, confirming market views that the worst recession in decades largely contributed to emission cuts.

Emissions in the first year of Japan's Kyoto Protocol obligations totalled 1.286 billion tonnes of CO2-equivalent, compared with a revised 1.371 billion tonnes in the previous year ended in March 2008, a record high.

The 2008/09 figure is approaching the Kyoto goal for the world's fifth biggest emitter of 1.186 billion tonnes a year.

The government and companies have bought hundreds of millions of tonnes of emissions offsets, helping the country meet its 2008-12 Kyoto target in deals worth billions of dollars at current prices.

"The figure suggests we're currently at levels sufficiently (low) enough to achieve the target," said Yasuo Takahashi, who heads the environment ministry's climate change policy division.