“…For instance, coercivity, saturation field, remanence, and saturation magnetization provide basic characteristic parameters in analyzing overall ferromagnetic features. However, it has been known that magnetic hysteresis, measured during the photo‐induced demagnetization/remagnetization process, is quite different from static hysteresis curves with much reduced coercivity . The coercivity reduction is explained based on metastable states during the photo‐induced demagnetization/remagnetization dynamics, leading to a so‐called irreversible process, arising from the magnetization state change in metastable states .…”