Only one day left until G-Dragon is officially discharged from the military!

On October 25, YG Entertainment revealed, “G-Dragon will be discharged from Yongin instead of Cheorwon.”

As G-Dragon is currently completing his military service in Cheorwon which is located in Gangwon Province, he was originally supposed to be discharged there on October 26.

Previously, YG Entertainment asked fans not to visit BIGBANG members on their discharge dates due to safety reasons. The agency stated, “The military bases where G-Dragon, Taeyang, and Daesung are serving are in border territory where the African swine fever (ASF) virus has been detected. In order to prevent further spread of the virus, the quarantine system is being strengthened, and not visiting this area is being recommended. Civil authorities have also requested extra caution, so we ask that fans refrain from visiting for their discharges in order to prevent spread of the virus and for the safety of fans.”

Despite the official request, it is anticipated that many fans will still come to see G-Dragon. Therefore, G-Dragon will be discharged from Yongin which is located in Gyeonggi Province.

Fans can look forward to G-Dragon’s return tomorrow. Taeyang and Daesung will be discharged in November.

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On October 23, Hana Financial Investment Co., Ltd released their analysis of the state of YG Entertainment’s finances.

Earlier this year, YG’s founder, Yang Hyun Suk, stepped down from his position at the company after a series of scandals. His brother, the CEO, also resigned. After his resignation, Yang Hyun Suk became the subject of investigations regarding suspicions of prostitution mediation and illegal gambling. Despite the resignation, the company continued to be impacted by the public perception of scandal.

However, the Hana Financial Investment report was cautiously optimistic, suggesting that if BIGBANG renews their contract and TREASURE 13 can make their debut, the company has much potential for growth over the next year.

Lee Ki Hoon, a researcher at Hana Financial Investment, said, “BIGBANG’s contract renewal remains a big hurdle for the company, but the state of uncertainty is clearing up a little after the recent repayment of redeemable convertible preference shares, the conclusion of various tax audits and police investigations, and the BIGBANG members’ upcoming discharges from the military. If they can make BIGBANG’s promotions and TREASURE 13’s debut a reality, then their potential for growth will make them the biggest entertainment agency next year.”

The report also predicted that the third and fourth quarter sales of this year would be around 63.9 billion won (about $54.5 million), a 2 percent decrease from the same period last year. The operating loss was estimated to be around 1.3 billion won (about $1.1 million).

Lee Ki Hoon said, “But with AKMU’s digital sales, WINNER’s comeback, and BLACKPINK’s expected comeback, the fourth quarter will see a rise in the company’s original business.”

Nonetheless, the key focus of the report is on YG’s future. Lee Ki Hoon said, “The most important question after the BIGBANG members are discharged from the military is whether they’ll renew their contracts.”

He continued, “In the past five years, SM and YG held about 20-40 dome concerts per year combined. Of those, 40-50 percent were BIGBANG. If a Japanese dome tour can yield the expected results (about 800,000 to 1 million people per year), then the yearly business profits can easily go over 30 billion won (about 25.6 million).”

Lee Ki Hoon cautioned that TREASURE 13 must make their debut early next year, however, in order to contend with a highly competitive rookie market. He pointed out that SM Entertainment has talked about the possibility of debuting new groups next year, while Big Hit Entertainment already has a head start with TXT. He concluded, “But anticipation is still high [for TREASURE 13], with its member lineup, including four Japanese members, and its collaboration with YG producers.”

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