The group GOT7 is effectively disbanding.

Their agency JYP Entertainment announced officially on the 11th.

“As our exclusive contract with our artist GOT7 is set to expire on the 19th, we have had in-depth discussions with the members. As a result, both sides have decided not to pursue contract renewals based on mutual agreement, wishing each other a brighter future.”

The statement continued, “After debuting on January 16, 2014, GOT7 has been actively promoting as a representative global idol group of K-pop for over seven years.”

“We sincerely thank GOT7, who has grown with K-pop and JYP, and all our fans, including ‘I GOT7’, who have been the driving force behind GOT7’s activities with their unwavering support since their debut.”

JYP Entertainment stated, “While our official relationship may be ending, JYP will sincerely support the new future that the GOT7 members will embark on.”

Below is the full statement from JYP Entertainment.

Hello. This is JYP Entertainment (hereinafter JYP).

JYP’s exclusive contract with our artist GOT7 is set to expire on January 19th, and we have had in-depth discussions with the members.

As a result, both sides have decided not to pursue contract renewals based on mutual agreement, wishing each other a brighter future.

After debuting on January 16, 2014, GOT7 has been actively promoting as a representative global idol group of K-pop for over seven years.

We sincerely thank GOT7, who has grown with K-pop and JYP, and everyone, including ‘I GOT7’, who has been the driving force behind GOT7’s activities with their unwavering support since their debut.

While our official relationship may be ending, JYP will continue to sincerely support the new future that the GOT7 members will embark on.

These are English translations of articles from our GTTOUR Japanese website.