It could be the seal between the water pump and the block. I would look carefully (with a mirror) and see if coolant is coming out of the weep hole in the pump or if the pump impeller (ie fan) feels wobbly. If so, you need another one. If the pump comes off, I would definitely replace the hoses, thermostat, and related gaskets. You could see if the bolts on the water pump housing are loose but I doubt tightening them especially if the gasket is contaminated will make a difference.
If you have never drained a Landcruiser cooling system before - definitely search on burping. Once the replacement job is done, I like to put the vehicle up on ramps and use a burping funnel to ensure there is no air in the system. A funnel like this:
https://www.amazon.com/OEMTOOLS-870...ocphy=1014221&hvtargid=pla-2281435179098&th=1
You will have to get the system hot and burp it for 20-30 min. Afterwards your temp may read higher for a little while until the last of the air is out of the system.