On January 12, 2017, Nippon View Hotel Co., Ltd. announced its intention to commence a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 4.13% of its share capital, for a total of ¥500 million yen. The share repurchase program will commence on January 13, 2016 and will end July 31, 2016.