NewJeans: Potential Departure from ADOR Could Topple HYBE's Earnings by 35 Billion KRW
Financial Implications of NewJeans' Exit from ADOR
NewJeans' potential departure from ADOR has significant financial implications for entertainment giant HYBE. Financial data analysis indicates that should NewJeans part ways with ADOR, HYBE may incur losses amounting to 35 billion KRW. This estimate hinges on the girl's group previous activities planned for 2024 and 2025.
Recent Financial Adjustments by NH Investment & Securities
Following tensions between Min Hee Jin and HYBE, NH Investment & Securities revised the target share price for HYBE down from 280,000 KRW to 270,000 KRW. This downgrade reflects the exclusion of projected profits from NewJeans’ anticipated projects, including a full-length album and a world tour.
- Projected Operating Profit Loss: 35 billion KRW in total
- 2024 Contribution: 10 billion KRW
- 2025 Contribution: 25 billion KRW
Conflict with Min Hee Jin
As HYBE deals with the managerial fallout from Min Hee Jin's termination, NewJeans has expressed dissatisfaction with the recent leadership changes. An ultimatum was issued by NewJeans demanding her reinstatement.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.