Shared Mobility Networks (Minato Ward, Tokyo), which operated the electric motorbike sharing service “Shaero,” received a special liquidation commencement order from the Tokyo District Court on October 21. Liabilities are currently under investigation. The company had already been dissolved following a shareholder meeting resolution on September 29, 2025, and the latest ruling sets the liquidation process in motion in earnest.
The company was established in July 2019 with the stated purpose of operating an electric motorbike sharing business. It launched the service in September 2021, expanding beyond the Tokyo metropolitan area to Miyazaki Prefecture, Okinawa Prefecture and other regions. As of April 2023, it had installed more than…