Not much has been revealed about the new vehicle, but it's clearly an SUV-styled model.
Despite the darkened image, the FT-AC concept has angry-looking headlights, two LED light bars on each corner of the roof, and stacked LED fog-lights.
It appears the vehicle is finished in yellow or green, though the roof, mirrors and chunky wheel arches are contrasting in black.
Above: the earlier FT-4X concept
The FT-AC could be near-production ready, though don't expect the manufacturer to give any clues about a market introduction at this stage.
Toyota says it will reveal the FT-AC concept on November 30 at the Los Angeles motor show. Stay tuned for our coverage.