create table regtest (
seq number,
status varchar2(1),
status_1 varchar2(1),
status_2 varchar2(1),
status_3 varchar2(1),
status_4 varchar2(1),
status_5 varchar2(1) );

alter table regtest add constraint regtest_pk primary key  (seq);

insert into regtest values (1, null, 'N', 'N', 'N', 'N', 'N');
insert into regtest values (2, null, 'P', 'P', 'P', 'P', 'P');
insert into regtest values (3, null, 'N', 'P', 'N', 'P', 'N');
insert into regtest values (4, null, 'N', 'P', 'F', 'P', 'N');
insert into regtest values (5, null, 'N', 'N', 'N', 'F', 'N');
insert into regtest values (6, null, 'N', 'P', 'T', 'P', 'N');

commit;

select * from regtest;

update /*+ bypass_ujvc */
(
 select a.status a_status, b.status b_status
 from regtest a, (
      select  seq,
        case when regexp_replace(concated, '.*F.*', null) is null then 'F'
         when regexp_replace(concated, '[N|P]+', null) is null then 'P'
         else status end status
           from (select seq, status, status_1||status_2||status_3||status_4||status_5 as concated from regtest)
     ) b
 where a.seq = b.seq
)
set a_status = b_status;

select * from regtest;