The actual ingredients are literally on the safety data sheet: https://files.wd40.com/pdf/sds/mup/wd-40-multi-use-product-a...
The company can brag that their formulation has a special blend of herbs and spices, but someone who wants to can obviously make their own special formulation and say that theirs is secret too.
More importantly, the proof of the pudding is in the eating. And there is nothing particularly special about WD-40's formulation anymore. WD-40 consistently performs worse than nearly any other available penetrating oil. https://www.youtube.com/watch?v=xUEob2oAKVs It's a terrible long term lubricant (because it's designed to evaporate, it actually concentrates gunk and grime).
WD-40 themselves have come out with improved "Specialist" formulations that mostly just copy other, superior products.
Love japanese and japan but their work culture is horrific - Japanese are inefficient and the veneer of looking to work "hard" is more important than the hard work itself. People often stay until ridiculously late just to show they "put in the effort" which is more important than outcome.
Then again that happens in many other countries as well ...