So in the first 4 panels the girl is wearing a school uniform, but when she actually goes to school in the last panel she strips down naked and puts on ribbons to match her gift. Does that make her the last ingredient?
YO-dare (Spit)KO-na (Powder)TO (Person)
To sum up the larger characters: チ・ヨ・コ・レイ・ト (Chi-Yo-Ko-Rei-To) => チョコレート (Chocolate).
"chi" (チ) followed by a small "yo" (ョ) forms the sound "cho"; "re" (レ) followed by "i" (イ) forms the sound "rē" (usually written レー in katakana)CHI (Blood)REI (Spirit)
