I've always seen most studio names as more of a unique avertising statement rather than a business logo with meaning. Like an artist gives you a picture of a cake with a cup stuck in it and names it "Cup-Cake"... you'll remember that because of the odd image rather than the fact that its named cup-cake.
I would choose a name you like, and make it distinct enough that people remember it.
I'm not talking about necessarily a literal connection with your mission statement. To use your example, I'd say cup-cake would be something playful or child-like (in a good way); the literal translation of it in the logo hints at a culture of humor as well. The important point I'm making is that the culture/work implied by your name/logo enforce the culture/work your company is actually going to do.
It's a small piece of the pie compared to the actual culture and actual work you do, but having a name/logo that plants your mission in all of your employees and customers heads will just make it easier for everyone to share that common goal.