Toyota uses FIPG and specified it for majority of their motors. One challenge is not to use too much and not too little in certain areas of the engine.
For example, when you change your valve cover gasket, there’s a seam for the timing cover. You apply a small bead of FIPG to seal so that the gasket is sealed at the timing cover seam.
In the FSM, they accounted for pressure to push out to the edge of the oil pan and to the inside of the short block. If you put too large of a bead on the inside edge of the pan, it would fall into the pan and get stuck in the oil pickup or somewhere you don’t want it to be. The outside edge of the pan it doesn’t matter as it won’t interfere with the engine.
The same rule applies to the timing cover. With too much FIPG, it’ll make its way through and cause leaks and potentially clog the oil pickup.
@John Anthony is correct when using cork or rubber gasket. The torque specification doesn’t apply to the added thickness of the gasket.
Important thing is, allow time for it to cure before adding oil to the engine.