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I felt like the subs definitely didn't get the point of this across. They're leaving so much untranslated about the names of things lol...
The group that Marito took over used to be called Ikki (壱気)壱 means one (or single) and 気 can mean several things like spirit or mind etc. So the group members assumed Marito named the group Siguma by taking letters out of Single Mind
But what he really did was take the first letters from his ramen cup
シーフードグラタンマカロニ
Seafood Gratin Macaroni. He just took the first character from each word in Japanese.
The translation of Outa's line is just wrong. He doesn't say "Yeah, that's the one." He says "No, isn't it from this?"