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Nintendo is working on multiple 'visual content expansion projects' beyond the Mario movie, but doesn't share specifics

What Nintendo franchise will be adapted next?

After staying away for decades, Nintendo is finally bringing one of their brands back to the big screen with the Super Mario animated feature, which is in production with Illumination. While Nintendo might have been antsy about getting back into film productions at first, now it seems they're full steam ahead.

Nintendo president Shuntaro Furukawa has confirmed that more 'visual content expansion projects' are in the works, but they aren't necessarily sticking with just movies. You can read Furukawa's full statement below.

We have also already embarked on multiple other visual content expansion projects, and are pursuing further opportunities. As we shared previously, the Super Mario movie is being financed by Nintendo as well as Universal Pictures, and we are actively involved in planning, development and production. Going forward, visual content expansion initiatives may not be limited to film. The scale of our investments will vary based o the type of project, but we will continue to invest in these entertainment expansion initiatives to increase the number of people who have access to our IP.

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Metroid with a mostly silent Samus could work. Like how The Mandalorian was for the first episode. Replace baby Yoda with baby Metroid and call it a day. Next!

That would be awesome!
Make short anime seasons for Zelda, Fire Emblem and Kid Icarus as well Smile
A Mario Kart series inspired by Wacky Races would be amazing!
Make a StarFox anime movie to tell the story of StarFox/64/Zero as one definitive version and have a game release that is an actual sequel

Hopefully a DK animated movie is in the works. DK is probably Nintendo's most easily adaptable IP to animation. The DK crew is very cartoony, expressive, and comedic. It would work extremely well with the right development studio behind it.

A Fire Emblem anime is really a great idea. As well as Warioware series(cause gold is fully voiced).

I think an Animal Crossing slice-of-life animated series would make a lot of sense. But Nintendo has TONS of properties they could do more with, including things people already mentioned.

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