An Osaka company that was developing a "sharing service" for luxury watches suddenly announced its dissolution. The system was to deposit a watch, have it "shared," and receive a deposit fee based on the rank of the watch.
NHK visited the apartment complex in Osaka where the company is located, but there was no response when pressing the intercom. The company's website states that the reason for the sudden dissolution is ''miscellaneous circumstances,'' and that the watches they have been keeping will ship within 6 months.