Which will likely result in the loss of that boat as soon as it approaches launch depth/preparations.
Kim Jong Un must know that but doesn't care, nor would it even need to get that far. As I said, brinksmanship, not actual launch. Boutique deterrence if you will.
I'm basing my reasoning on the fact that the sub is simply incapable of performing in an Ohio or Vanguard type role. It is not stealthy and has no meaningful endurance. Its mission then is not to patrol but to go on exercises. Exercises involving this sub would maintain a general level of threat/reminder, as do the missile tests aimed at Japan that are already common.
You can send a strong message by sending one out to sea as a sabre-rattling exercise while the land-based missiles cannot be used this way - they're either on the ground or in the air but sub launched missiles add another rung to the escalation ladder. It sounds crazy but that might be the point, taking the Mad Man theory into account. If it's good enough for Richard Nixon after all...
Consider this scenario: NK wants something. For example, there is unrest at home, the population is starving again and they want food delivered, or a treaty is about to be signed that puts NK at a disadvantage. Kim announces that a sub is to be deployed with orders to stand by and to fire if demands are not met. Footage of it leaving port are broadcast (quite the opposite of the case with a true deterrent force). A bullseye is not painted on its sail because that would just be
too obvious. The international media freaks out, as do the potentially rebellious home population. Western leaders now have the option of attacking the sub, which is an act of aggression potentially triggering war, or opening negotiations on a back foot. Negotiations are opened as the least worst option. Emergency food aid is delivered, the treaty is delayed or whatever. At home, the God Emperor announces that the evil outsiders have been cowed into delivering bounteous tribute, the population are reminded that they must remain united against the outside threat. The sub then returns to port, actual mission accomplished.
Variations of this have been played out many times with weapons tests and missile launches, and staging naval exercises in contested areas have long been used to exert diplomatic leverage by all sides.