Not in my LX570, but some experience from my Defender days. I have driven in water hood deep with a roof height snorkle.
There are a number of different maximums depending on how much damage you are willing to put up with. The manufactures recommended wading height is often set by the diff/transfercase/transmission breathers with a recommendation to re-grease the wheel bearing after playing in any water deeper than the hubs.
Getting water above breathers and axle bearing for a short time really just means your diff fluid, transmission fluid, transfercase oil, and bearing grease is "watered down" and less effective. If you get around to servicing those items soon, no big deal. If you were to constantly exceed that depth without service, well, having a bearing go out at highway speeds isn't fun....
Above the exhaust. While driving in deep water, exhaust pressure keeps water out of the exhaust pipes. So this is really only a problem if you stop or stall and try to restart while in the water still. My experience is that the mufflers do OK, but the catalytic converters don't like water. Not sure what the chemistry is, but getting catalytic converters wet causes them to start shooting clumps of their material out the exhast. This clogs them and the mufflers periodically, the resulting back pressure causes the engine to run very rough until the chuncks of material blow out the tail pipe. Not fun.
Next up is electronics. Modern ignition electronics are better in water than old stuff like a traditional distributor. Running dirty water through things like the alternator can really increase wear and once the brushing go you are running for a short time on battery alone. It is cool seeing sparks shoot out the hood as the alternator ingests water and brushing material gets shot out. But, you pay for it later when the battery runs out, no sparks....
Finally, the air intake, water doesn't compress like air and gas. Get any significant amount of water down your air intake and you will stall and potentially break something in the engine. Though I have seen people who have hydrolocked their engine, then pulled the plugs, cranked the engine to push the the water out, put the plugs back in and finally then proceded on down the trail. Looks like a 200 series air intake is pretty high up, so you have to be pretty deep to ingest water.
Anyway, if you have had your LC in water above the axle bearing or the axle, diff, transmission or transfer case breathers for longer than a few seconds, changing out the fluids and regreasing bearings isn't a bad idea. Electronics and exhaust are hit or miss in deep fording, but you would know if you had an issue with those or water in the air intake. The failures for water in the exhaust, electronics or intake aren't subtle.