SEE ALSO: AKP Beta Update: Community Ranking + Prizes!

The statement reads,

"Hello. This is SM Entertainment.

We are offering our position on the words posted on Jessica's Weibo today.

This coming spring, due to her personal situation, she notified us she will halt her team promotions with the release of one [more] album.

Despite Jessica's sudden notice, the agency and the Girls' Generation members tried our best and tried to figure out a way that Girls' Generation's activities can continue in the best possible direction.

However, in the midst of insufficient negotiations regarding conflicts of differences in priorities and interest, Jessica started her fashion business. Due to this, despite ongoing talks, it has come to a point where the team could not be maintained.

Thus, the agency had no choice but to pull up Girls' Generation's activities as 8 members earlier than planned, and in the midst of while working out when to announce this, Jessica had posted her words early this morning.

From here on, our agency will continue to support and manage the 8-member Girls' Generation and Jessica's individual activities."

So with this statement, it doesn't seem that Jessica is leaving the agency, but that she will not be active with the other 8 members in the future as she carries out her own activities. Whatever the case may be, we wish both Jessica and the other 8 members the best.