What happened to j- horror?

Japan was once the most influential country when it came to the horror genre : Silent Hill , Resident Evil , The Ring , Ju - On, and so on. Even those short , Twilight Zone- style shows you see on TV were scary as hell. The imprint from the masters of horror still scares the hell out of me . They were not only creative but also effective in their approach. But nowadays , they seem to have lost their soul. A lot of them are just plain boring and rely on cheap jump scares . We barely hear of any good horror films from Japan to begin with. So what happened? Did they simply become bored with making horror and move on?