Ultraman The Next

Synopsis:

Fighter pilot Maki (Bessho) is thought killed in a mysterious midair collision with a glowing "meteor" but is later found alive and well. At the same time a mysterious monster that can "evolve" by absorbing animals and their DNA into itself is on a rampage. Maki has been selected by some alien intelligence to be Ultraman, a superhero with power to defeat the creature.

Preview:

Link: IMDB