The safety of NPPs needs to be re-evaluated on a periodic basis to consider advances in knowledge, and necessary corrective actions or compensatory measures need to be implemented promptly. The periodic safety review programme at the Fukushima Daiichi NPP did not lead to safety upgrades based on regulatory requirements. TEPCO performed the re-evaluation on a voluntary basis considering advances in knowledge, including new information and data. When faced with a revised estimate of a hazard that exceeds previous predictions, it is important to ensure the safety of the installation by implementing interim corrective actions against the new hazard estimate while the accuracy of the revised value is being evaluated. If the accuracy of a new hazard estimate is confirmed, the operating organization and regulatory authority need to agree on a schedule and comprehensive action plan to promptly address the method of coping with such higher hazards to ensure plant safety.