Amid the scarcity of rare earth supplies, Japanese enterprises are vigorously implementing strategies to curtail their dependency on these elements. This involves reducing consumption, enhancing recycling and reuse initiatives, and innovating new rare earth-free products to mitigate reliance on Chinese rare earth resources. According to data, China accounted for approximately 50% of Japan's rare earth metal imports in 2018, a share that has escalated to 63% by 2024.