Earlier quoted context omitted.
I suspect that's not the only SPOF in play. Nukes, as with rockets, are complex. Many things have to go right and keep going right for them to operate as intended. (See Rickover's "Paper Reactors" paper for a similar take on this.) Another factor that contributed not only to Fukushima but other inundations following the Tohoku earthquake was that in response to the megathrust-fault slip, the east coast of Japan sank…
There are a number of cheap-as-dirt things that could have been done to prevent the disaster. Putting the generators on a platform was one. Venting the hydrogen outside instead of inside, another. Having emergency repair parts on site is a third. Having a gravity-fed way to cool the reactors with external water, a fourth. And so on.
Pile up enough binary choices, each individually cheap as dirt, and you've got a large problem.
Even dirt in quantity gets expensive to manage: dams (earthen), mines, levees, landslides, etc.
Nukes are complex with variance conditions that are extreme to the extreme.