It is well known that modified 9Cr-1Mo steel has a low thermal expansion and high thermal conductivity with excellent high temperature properties compared to austenitic stainless steel. For these advantages, the steel is very popular for the boiler tube of thermal power plants. Normalizing is commonly utilized to obtain martensite in this steel, which shows an unusual toughness for martensite. However, some accidents related to this steel have been reported recently, opening the necessity for further study. As a particular behavior of the steel, an abrupt drop of the impact value has been identified upon tempering at 750oC for about 1 hour. It is well known that Fe3C forms during autotempering and turns to Cr2C at an early stage and then transforms to Cr23C6. In this study, the cause of the abrupt drop of the impact value was investigated with an impact test, microstructural observation, nanodiffraction and phase analyses using instruments such as optical and transmission electron microscopes (TEM) with an extraction carbon replica of the carbides. The analyses revealed that the M2C that formed when retained for about 1 hour at 750oC causes a drastic decrease in the mechanical properties. The sharp drop in mechanical properties, however, disappeared as the M2C transformed into M23C6 with longer retention.