Ideogrammic compound (會意): ⺼ (“meat”) + 又 (“hand”) + 示 (“altar, ceremony”) – the hand offers a piece of meat at the altar during a ceremony.
Note that the top is not 癶. The left part is ⺼ twisted to the left (compare 將, 然). The right part (which looks like 又 without the tail to the left) actually a simplified form of hand, which was written originally like 屮 (three fingers on the arm), with the tail tilted to the right and the leftmost fingers disappearing).
In Japanese handwriting, the diagonals of the upper right component cross: the short upper-right to lower-left stroke crosses the long upper-left to lower-right stroke, rather than abutting there.