Milky Ice, or iced milk, is a type of dessert with less than 10% of milkfat in it. It uses the same sweetener that ice cream does, and is usually sold at a cheaper price. Condensed Milk is also a popular coating in Hawaiian Shaved Ice.
"A "shaved ice" version of Jack Frost created by the genius thaumoscientist Dr. Thrill after he moved to Japan. He absorbed Japanese pop culture and took a liking to hero groups and shaved ice. It is unknown whether he actually tastes like milk kintoki."