Not true. As the news reporters here in Japan are repeating every few minutes, there will be many waves and they can get bigger over time. They already have, 20-30cm initial waves had 40-60cm later waves.

Waves can get bigger due to earthquakes not being instantaneous or necessarily a single movement, due to amplification by geography, by reflections, by aftershocks, and many other things. The news is suggesting waves lasted about a day for a previous event in a similar area.