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Let me see:

Movie business => Mario the movie comes to mind and it was awfull

Anime business => now that would be great, they already have experience with Pokemon. F-Zero was also turned into an anime series before.
And they could expand that with other franchises like Custom Robo or Fire Emblem, Pikmin, etc...
And also create new anime franchise. So they have exclusive rights for the upcoming games with the same name.

amusements park => Hell yeah! Mario Kart race circuits, Luigi's ghosthouse, Pokemon Casino, Metroid rollercoaster, Zelda ranch.. with guest appearances of Sonic... why not his own rollercoaster ride..

Software market => Nintendo could be successfull with educational programs for the pc, see it as more professional versions of Brain training or other training games

Electronics => there is little room in this business for a newcomer. But a Nintendo cellphone would kill the iphone and even ipod.

Food => Watch out Kellog's!