Yes. Futanari is the Japanese word for hermaphrodite, a person
who possesses both male and female sex organs. It also used to
refer to someone with androgynous looks, which is a more broad
combination of male and female characteristics.
Related Q&A：
Does futanari exist in real life？-Oh boy, futanari is a concept that typically exists within the realm of fictional and fantasy settings. In real life, such a specific and uncommon configuration doesn't have a natural occurrence. It's mainly a creation for certain types of fictional works, like in some anime or manga. Real human biology and anatomy don't accommodate this kind of combination. So, in the real world, no, futanari doesn't exist. It's more of an imaginative construct for entertainment purposes.
