Thanks to forum member Uaguruma Sou we have slight idea what at least the outline of Ultraman Victory looks like.
As seen in the picture above there is a V that’s very prominent on his head crest, as well as his shins and I believe his forearms as well. Interestingly enough his color timer is V shaped as well. And it does look like he has some sort of shoulder pads. What’s not so clear at the moment are those golden Vs, are the shiny like metal or are we going to have another Ultra with some glowing bits like Ginga. We also don’t know if this is going to be it’s own show or air like Ginga did. More as it becomes available.