North Korea Launches Missile into East Sea Days Before Inauguration of New ROK President
Besides the upcoming inauguration the Defense Chief nominee was testifying which may be the real reason why they fired this missile:

North Korea fired a ballistic missile toward the East Sea on Wednesday, South Korea’s military said, in the recalcitrant regime’s latest saber-rattling that comes less than a week before President-elect Yoon Suk-yeol’s inauguration.
The Joint Chiefs of Staff (JCS) said it detected the launch from the Sunan area in Pyongyang at 12:03 p.m. and that the missile flew 470 kilometers at a top altitude of 780 km and speed of Mach 11.
Yonhap
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