(Yes, I'm well aware I'm resurrecting an old thread, but wanted to contribute to it in case it helps others)
I have a 2016 4Runner Limited with 18k miles (bone stock with factory 20" wheels). I love my car, and for acceleration, it is what it is. BUT living in Arizona, there is indeed a scary loss of power when we reach above 90-95 degrees. And it is not AC related, because my truck runs normal under 85 degrees with AC on. Last week, trying to leave a side street and merge on a busy one, I almost got hit. I was stoped & idle for over a minute in 110 degree temperatures, and knowing I had plenty of time to safely turn & merge, I pressed on the gas and got almost no power, just enough to nudge me in front of incoming traffic... I panicked and floored it, and it simply bogged down and ever so slowly got rolling, with angry drivers braking and honking at me.
My best observation (I've owned many similar cars like 4th gen 4runner, Pathfinders, many FJ60 & FJ62 Land Cruisers, etc); I have never seen a car become crippled like this with the heat. I don't know if it's only the Limited, or if other models have the same intake setup, but I feel like the secondary (noise cancelling) chambers on the intake that sits above the engine gets incredibly hot when idling, and combined with the hot ambient air, cause this car to barely respond to throttle (not sure if it's the MAF sensor and fuel mapping that goes in la-la land), but there is definitely a big problem here. My 30 year old FJ62 Land Cruiser is a pig and real slow compared to my 4Runner, but with last week's scare (3rd time in the past month), I parked the 4Runner and started driving the old cruiser, which never had such heat related issues).
I did read many users instal the TRD Intake, and although they are not supposed to fit the newer 5th gens, many have installed them on 2015, 2016 & 2017 models. I plan on installing one within 3 to 4 weeks, which will completely remove/bypass the odd secondary intake chambers, and I will report back...
Just my 2 cents on this "old" topic