diff --git a/runtime/onert/backend/cpu/BackendContext.cc b/runtime/onert/backend/cpu/BackendContext.cc
index 95635152a9a..cf199a7fe32 100644
--- a/runtime/onert/backend/cpu/BackendContext.cc
+++ b/runtime/onert/backend/cpu/BackendContext.cc
@@ -23,6 +23,7 @@
 #include "ir/OperandIndexMap.h"
 #include "ir/OperandIndexSequence.h"
 #include "backend/basic/BackendContextHelpers.h"
+#include "backend/basic/TensorRegistry.h"
 
 namespace onert
 {
@@ -44,6 +45,12 @@ FunctionMap BackendContext::genKernels()
   basic::initConsts(graph()->operands(), external_operands(), tensor_registry.get(),
                     tensor_builder->getSharedMemoryOperandIndexes());
 
+  // TODO: Change type of tensor_registry field to TensorRegistry
+  auto tensor_registry_concreted = dynamic_cast<basic::TensorRegistry *>(tensor_registry.get());
+  assert(tensor_registry_concreted);
+  basic::initSharedMemoryConsts(graph()->operands(), external_operands(), tensor_registry_concreted,
+                                tensor_builder->getSharedMemoryOperandIndexes());
+
   for (auto &&op_ind : _data.op_order)
   {
     auto fn_seq = kernel_gen->generate(op_ind);
diff --git a/runtime/onert/core/include/backend/basic/BackendContextHelpers.h b/runtime/onert/core/include/backend/basic/BackendContextHelpers.h
index c95dd9b7277..4fec186fd8c 100644
--- a/runtime/onert/core/include/backend/basic/BackendContextHelpers.h
+++ b/runtime/onert/core/include/backend/basic/BackendContextHelpers.h
@@ -24,6 +24,7 @@
 #include "util/logging.h"
 #include "backend/ITensorRegistry.h"
 #include "backend/BackendContext.h"
+#include "backend/basic/TensorRegistry.h"
 #include "Tensor.h"
 
 namespace onert
@@ -240,45 +241,58 @@ template <typename T_BackendContext> ITensorRegistry *genTensors(T_BackendContex
                     ctx.data().op_order, {});
 }
 
+inline void
+initSharedMemoryConsts(const ir::Operands &operands,
+                       const util::Set<ir::OperandIndex> &external_operands,
+                       TensorRegistry *tensor_registry,
+                       const ir::OperandIndexMap<ir::OperandIndex> &shared_memory_operands_map)
+{
+  operands.iterate([&](const ir::OperandIndex &ind, const ir::Operand &) {
+    if (external_operands.contains(ind))
+      return;
+    const auto shared_mem_it = shared_memory_operands_map.find(ind);
+    if (shared_mem_it == std::end(shared_memory_operands_map))
+      return; // no shared memory source
+    if (!operands.at(shared_mem_it->second).isConstant())
+      return; // source operand not a constant
+
+    VERBOSE(FillOperandData) << "Fill shared data for " << ind << std::endl;
+
+    const auto &source_operand_ind = operands.at(shared_mem_it->second);
+    auto memory_source_data = source_operand_ind.shareData();
+    assert(memory_source_data && memory_source_data->base());
+    auto tensor = tensor_registry->getNativeTensor(ind);
+    assert(tensor != nullptr);
+    tensor->setBuffer(const_cast<uint8_t *>(memory_source_data->base()));
+  });
+}
+
 inline void initConsts(const ir::Operands &operands,
                        const util::Set<ir::OperandIndex> &external_operands,
                        ITensorRegistry *tensor_registry,
                        const ir::OperandIndexMap<ir::OperandIndex> &shared_memory_operands_map)
 {
   operands.iterate([&](const ir::OperandIndex &ind, const ir::Operand &operand) {
-    const bool has_const_shared_memory =
+    if (external_operands.contains(ind) || !operand.isConstant())
+      return;
+    const bool has_const_shared_source =
       shared_memory_operands_map.find(ind) != std::end(shared_memory_operands_map) &&
       operands.at(shared_memory_operands_map.at(ind)).isConstant();
-    if (external_operands.contains(ind))
-      return;
-    const bool can_be_initialized_as_const = operand.isConstant() || has_const_shared_memory;
-    if (!can_be_initialized_as_const)
-      // tensor currently processed not a const and source memory tensor (if exists) not a const too
-      return;
+    if (has_const_shared_source)
+      return; // tensors with shared memory are processed in initSharedMemoryConsts
 
     auto tensor = tensor_registry->getNativeITensor(ind);
     assert(tensor != nullptr);
 
     VERBOSE(FillOperandData) << "Fill data for " << ind << std::endl;
 
-    if (has_const_shared_memory)
-    {
-      const auto &source_operand_ind = operands.at(shared_memory_operands_map.at(ind));
-      auto memory_source_data = source_operand_ind.shareData();
-      assert(memory_source_data && memory_source_data->base());
-      auto shared_mem_tensor = dynamic_cast<Tensor *>(tensor);
-      assert(shared_mem_tensor != nullptr);
-      shared_mem_tensor->setBuffer(const_cast<uint8_t *>(memory_source_data->base()));
-      return;
-    }
-    // the default flow for constant initialization
     auto data = operand.shareData();
     assert(data && data->base());
-    auto ext_tensor = dynamic_cast<ExternalTensor *>(tensor);
+    ExternalTensor *ext_tensor = dynamic_cast<ExternalTensor *>(tensor);
+
     if (ext_tensor == nullptr)
-    {
       throw std::runtime_error{"This tensor is not external tensor"};
-    }
+
     ext_tensor->setData(data);
   });
 }