For this analysis, I’ll be using a fan transcription of the Hunting Dogs/Bloodhounds theme.

Original post with transcription:

One Song, Two Narratives

The Hunting Dogs' Theme first appears in Episode 44: Dogs Hunt Dogs (S4, e7) and is repeatedly used throughout the anime during scenes involving the Hunting Dogs' pursuit of justice.

However, its lyrics (in line with previous songs from the show) feel purposeful, describing two distinct narratives within the story.

1. Artemis and the Agency

The first portion of the song seems to be directed at the Armed Detective Agency, as seen in the first verse, 

“Here comes the setup from the moon It’s time to play hide-and-seek” 

and first pre-chorus,

"Do you remember what you have done to my world? You cannot recall it We chase you round and round a shiver

The "setup from the moon" might be a reference to Artemis, the Greek goddess considered by some to be the personification of the moon (Artemis is also directly mentioned in the second verse—more on this later).

Additionally, "hide-and-seek" may also refer to the cat-and-mouse chase between the Hunting Dogs and ADA that began in season four and has continued to play out in both the anime and manga.

The pre-chorus further echoes the sentiment felt by the Hunting Dogs toward the agency, as from the Dogs' perspective, agency members appear to be lying about atrocities they "cannot recall."

2. Artemis and Fukuchi

In a twist of irony, the song's second half seems to change focus, however, as we can see in verse two, 

“How come you cannot see your doom? …I have the end of Artemis”

and the second pre-chorus,

"Have you conceded that you've been already dead? Your bullshit feeds the end Shut up now dancing 'round a shiver"

Now you may be wondering, "But Phy, why aren't these lyrics also about the agency?" I'm so glad you asked.

To answer this, we need to take a brief dive into Greek mythology:

Artemis was the Greek goddess of the hunt, said to have once punished a hunter who saw her bathing by having them turned into a deer and devoured by their own hunting dogs [Wikipedia].

In a way, the Hunting Dogs personify this "end" condemned by Artemis in myth, as the ADA is ‘fated’ by the Page to be targeted and torn to shreds by their own nation’s military police.

However, this line takes on a deeper meaning when applied to Fukuchi, a hunter who has "already been dead" in alternate futures and whose "bullshit" (claiming to lead a terror investigation while being the cause of said terror) "feeds the end" of their world.

Another key difference between the first and second verses is that while the agency is only "set up by the moon" to "play hide-and-seek," Fukuchi is "doomed" to "the end of Artemis."

Could this mean Fukuchi will ultimately face his end—similar to the hunter from myth—as he is torn apart by his own hunting dogs?

If so, we may have already seen the beginning of this process in Tachihara and Jouno's resistance to Fukuchi. Perhaps it's only a matter of time before Tecchou and Teruko follow suit, passing the ironic judgement of Artemis on their former captain.

BUT HEY, THAT'S-- not my line lol

[[Please note this song has not yet been officially released at the time of writing; the version of the track referenced is from the April 2023 collab between Kotodaman and BSD.

This transcription took a long time to make, and I'm no expert, so there may be small errors here and there. I'll do my best to make any adjustments as needed!!]]

Link to unofficial version: