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Darwinianevolution said:
Nintendo makes a lot of new IPs relatively frequently. The problem is the amount of them that stay. The last new big IP Nintendo made was Splatoon. Arms might become a staple of the company, but it's too early to tell, and I haven't heard that much about it for a while now.

So far every generation of home consoles has produced at least one new ongoing series.  Pikmin on GameCube, Xenoblade on Wii, Splatoon on the Wii U, etc.  What will be the series to emerge from Switch is hard to say.  Arms has great potential with a sequel but it is ultimately a pretty unusual take on an already niceh genre.  Astral Chain has done really well though and current word is that Nintendo owns that IP so there's another possibility there.