After being unveiled at this year's Geneva motor show, Toyota's FT-86 Open Concept had the internet abuzz with rumours that the Japansese automaker was about to release a MX-5 fighting drop-top variant of the 86 sports car.
But then word on the industry grapevine came through that Toyota had no immediate plans for an 86 convertible, at least not until 2016.
So then why is the world's largest automaker preparing to unveil yet another 86-based convertible at this month's Tokyo Motor Show?
The logical conclusion is that Toyota still has plans for a production version of the FT-86 Open Concept, though in the absence of any actual confirmation this new red concept is strictly a "design study" for now.
Aside from a change in body colour from white to "Flash Red", the only other major differences between the Tokyo concept and the one shown in Geneva are the right-hand drive layout, a more restrained interior colour scheme and functional soft top.
Sharing the spotlight on the Toyota stand will be the Aqua G Sports Concept, a lightly modified version of the Prius C (marketed as the Aqua in Japan) sporting 17-inch alloys, a unique body kit with integrated DRLs, a leather/alcantara interior and a sports tuned suspension.
Joining the Aqua G Sports and FT-86 Open will be the JPN Taxi Concept.
Looking much like a Japanese interpretation of the iconic London hackney carriage, the JPN Taxi Concept features an electric sliding door on the passenger side, space for five people, large displays for the rear passengers that display fare and route information as well as a large glass sunroof.
Like the Aqua G Sports and FT-86 Open, the JPN Taxi isn't bound for the production line any time soon. However with Toyota dominanting the Japanese taxi industry with its Crown Comfort sedan, the JPN Taxi - or something like it - could be the way of the future for Japanese cabbies.