We die of three causes: cancer, heart problems and strokes. Well over 30% die of cancer. So this means some of those 200 will die of cancer before they die of something else (some of them will recover and live to die from heart attack later). This makes the new deaths a really tiny percentage, which means policy-wise it's hardly worth discussing.
I'm not saying it's not worth the cost (or even trying to discuss things in those terms), but I'm not convinced this outcome is insignificant. If this article is right, many of these people will die N years sooner than they would have otherwise. How high does N have to be before it gets worth discussing?
What other industries would it be relevant to benchmark like this?
Why is it a poor way of weighing up the hazards?
The plant did not fail because "nuclear was bad", it failed because it wasn't designed to be hit by a tsunami of that magnitude; which if the same reason for many of the direct tsunami-related deaths. With that in mind, Japan needs to get better at tsunami planning and engineering, like they generally have with direct earthquake planning and engineering.
Now, as to comparing energy producing industries, the mortality metric would be deaths per kilowatt hour; in which nuclear fares extremely well compared to mainstays like coal, even if 200 additional cancer deaths out of a "normal" 4400 for the given population are added in.