After reading isthisLOL? and Nessa's theories here I would be happy if ayu confirmed any. Or maybe a totally new one. It's just because both make sense to me, especially the fans' one. (Even though I totally didn't think of fans when I first read the lyircs and saw the PV.)
Since she started twitter, she probably got so much critic from people who don't even think about how to phrase it in a way that isn't totally attacking and inpolite. No matter what she does.
Also, I see fans writing "I miss you" and "Don't you forget about us!" more than once
a day, which would annoy me so much. How can you even miss a person that is present so much? And how can you even really
miss a person badly that you don't know personally or never met? How can you even complain if she takes time to go to twitter almost everyday just to talk to fans

I can't understand this. And I wouldn't be surprised if she stopped twitter all the way.
But this would be really sad because it's a great way to tell her important things.
To return back to topic:
the song itself is brilliant and conveys so much emotion, I really didn't expect such a song. Especially not on a mini album that was made so short after her last full-length one. Timmy really did a good job with this, the song is so unique.
It would be kind of sad if this was about her fans but I could understand. No matter which relationship of ayus it's about especially, it's a great songs for us listeners to emphasize with the feeling of end and goodbye.