2350982 - AS Java Not Starting Can't load VM shared library

When trying to start the Java application server and the SDM, server node or dispatcher node is not starting.
In the logs similar error to either one of the below errors can be observed:

Netweaver 7.0 System:

dev_jcontrol:

ERROR => DlLoadLib()==DLENOACCESS - dlopen("libjvm.so") FAILED
"Could not load module .
System error: No such file or directory" (errno=2,No such file or directory)
*** ERROR => Can't load VM shared library (libjvm.so) (rc=-2)
**********************************************************************
*** ERROR => Cannot load the Java VM shared library.

Netweaver 7.3 system:

dev_jstart:

*** ERROR => SfEStartupError: Java VM detection failed. 
*** ERROR => Initialization failed: SfEStartupError: Java VM detection failed.
********************************************************************************
*** ERROR => Cannot find Java binaries directory 'C:\usr\sap\COL\J00\exe\sapjvm_6\SAP\bin'.

Netweaver 7.5

dev_server<x>

F [Thr 140074541171072] *** ERROR => JsfOpenShm: ShmCreate(79, 4096, ATTACH) failed (rc = 3 SHM segment doesn't exist) [jsfxxshm.c 1736]
F

F [Thr 140074541171072] *** ERROR => JsfCloseShm: Static shared memory is not opened. [jsfxxshm.c 2103]
F *****************************************************************

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• Release Independent
• SAP NetWeaver

SAP NetWeaver 2004 ; SAP NetWeaver 7.0 ; SAP NetWeaver 7.1 ; SAP NetWeaver 7.2 ; SAP NetWeaver 7.3 ; SAP NetWeaver 7.4 ; SAP NetWeaver 7.5 ; SAP enhancement package 1 for SAP NetWeaver 7.0 ; SAP enhancement package 1 for SAP NetWeaver 7.3 ; SAP enhancement package 2 for SAP NetWeaver 7.0 ; SAP enhancement package 3 for SAP NetWeaver 7.0

DlLoadLib, DLENOACCESS dlopen libjvm.so FAILED libjvm.so shared object startup Java VM detection Initialization binaries directory rc 2 JsfOpenShm failed SHM segment doesn't exist Shared memory initialization failed , KBA , BC-JAS-SF , Startup Framework , BC-JAS-COR , Enterprise Runtime, Core J2EE Framework , Problem