Every 8-K that Daily Journal Corp (DJCO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DJCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DJCO filings page.
Daily Journal Corporation (DJCO) reported shareholder approval of an amendment to its Articles of Incorporation eliminating cumulative voting in director elections, effective September 11, 2026, together with Board-approved Amended and Restated Bylaws.
The bylaws now include proxy access that permits a passive shareholder, or a group of up to 20 passive shareholders, owning at least three percent of shares for at least three years to nominate up to two directors (or twenty percent of Board seats up for election) for inclusion in the company’s proxy statement. The bylaws also add an exclusive forum provision for certain disputes in South Carolina courts, update officer titles and duties, and modernize advance notice so director nominations are generally due 60 days before the prior year’s meeting anniversary, while clarifying that shareholders cannot call special meetings. The Board authorized a share repurchase framework to buy up to 35,000 shares of common stock through September 30, 2027, and adopted a director resignation policy requiring a director to tender an irrevocable resignation if they receive more “no” than “yes” votes in an uncontested election, with the Board generally expected to accept it.
Daily Journal Corporation reported strong top-line growth for the quarter and first nine months ended June 30, 2026. Third-quarter total revenue was $27.0 million, up 15.3% year-over-year, and nine-month revenue was $69.2 million, up 16.8%, driven mainly by Journal Technologies, Inc.
Journal Technologies revenue grew 19.5% in the quarter and 21% over the first nine months, with higher e-filing and public service fees, recurring license and maintenance revenues, and consulting activity. Income from operations increased to $5.3 million for the quarter and $8.7 million year-to-date, reflecting operating leverage in the technology business.
Despite this, the company recorded a quarterly net loss of $10.9 million and a nine-month net loss of $53.5 million, compared with profits in the prior-year periods, as net unrealized losses of $24.1 million in the quarter and $87.0 million year-to-date on marketable securities materially affected reported results.
Daily Journal Corporation reported strong revenue growth for the second quarter and first half of fiscal 2026, but overall results were heavily affected by market swings in its investment portfolio. Second quarter total revenue was $22.7 million, up 25% from $18.2 million a year earlier, driven mainly by Journal Technologies’ 32% revenue increase and higher e-filing, license, maintenance, and consulting fees. First half total revenue rose to $42.3 million, a 17.8% increase from $35.9 million.
Income from operations improved to $3.0 million for the quarter and $3.5 million for the first half, showing better profitability in the core businesses. However, large net unrealized losses of $51.2 million on marketable securities led to a quarterly net loss of $34.6 million and a first half net loss of $42.6 million, compared with significant profits in the prior-year periods. Basic and diluted loss per share for the quarter was $25.14, versus earnings of $32.43 per share a year earlier.
Daily Journal Corporation reported the results of its 2026 Annual Meeting of Shareholders. A total of 1,235,109 shares were represented in person or by proxy. Shareholders elected four directors—Mary Conlin, John B. Frank, Steven Myhill-Jones, and Rasool Rayani—with each receiving more than 95% of votes cast, excluding abstentions and broker non-votes.
Shareholders also ratified the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026, with 1,222,331 votes for, 2,268 against, and 10,510 abstentions. In an advisory vote, shareholders approved the compensation of the company’s named executive officers, with 907,768 votes for, 17,834 against, 9,374 abstentions, and 300,133 broker non-votes.
Daily Journal Corporation reported first quarter fiscal 2026 revenue of $19.5 million, a 10% increase from $17.7 million a year earlier, led by growth at Journal Technologies. Licensing and maintenance fees rose to $8.5 million, and other public service fees increased to $4.5 million, while consulting fees declined.
Operating income was $0.5 million, down from $0.7 million, as salaries, outside services, and general and administrative expenses increased. A net realized and unrealized loss on marketable securities of $11.7 million versus a prior-year gain of $13.4 million drove a net loss of $8.0 million, or $(5.79) per share, compared with net income of $10.9 million, or $7.91 per share.
Daily Journal Corporation reported that its Board of Directors has created a new Nominating Committee and approved a charter to govern it. This committee will oversee board nomination matters.
The Nominating Committee consists solely of independent directors Mary Conlin, John Frank, and Rasool Rayani, with Mr. Rayani serving as Chair. The Board also maintains two other standing committees, the Audit Committee and the Compensation Committee, both composed of the same three directors, with Ms. Conlin serving as Chair of each. The Board determined that all Nominating Committee members meet the independence requirements of Rule 5605(a)(2) of the Nasdaq Stock Market Listing Rules, and the Nominating Committee Charter is filed as an exhibit.
Daily Journal Corporation appointed Erik Nakamura as its new Chief Financial Officer and Principal Financial Officer, effective immediately on December 12, 2025. Nakamura has been CFO of the company’s subsidiary Journal Technologies, Inc. since October 2024 and brings over two decades of senior finance experience across technology, e-commerce, real estate and manufacturing-related businesses.
He succeeds CFO Tu To, whose previously announced retirement is expected to take effect on January 15, 2026, and who is now focusing on transition activities while transferring her principal financial and accounting duties to Nakamura. The company describes this move as part of ongoing initiatives since 2023 to build the finance team, modernize accounting systems and improve internal controls. The Board’s Compensation Committee has authorized the company to finalize Nakamura’s compensation package for his new role, which will be disclosed in a future SEC filing once completed.
Daily Journal Corporation announced that Chief Financial Officer Tu To will retire as an executive officer effective January 15, 2026. She may step down as the Company’s principal financial officer on December 31, 2025 or on the Retirement Date. To support a smooth transition, the Company and Ms. To entered into a Separation Agreement and Release on October 27, 2025.
Under the agreement, Ms. To will receive a lump-sum payment of $175,000 recognizing a retroactive pay adjustment, a $40,000 cash bonus for fiscal 2025, and eligibility for contingent milestone bonuses of up to $75,000 tied primarily to the Company’s financial system conversion. The Company will continue paying her medical and dental insurance premiums through April 30, 2027. Her outstanding Consolidated Unit Certificates will remain outstanding and will continue to operate as if she were 65 years of age on the Retirement Date, subject to existing terms.
The company disclosed that an investment adviser, Buxton Helmsley USA and its CEO Alexander E. Parker, has sent letters alleging Daily Journal improperly expensed software development costs and should instead capitalize them under ASC 985-20. The Audit Committee reviewed the guidance with the company’s accountants and third-party experts and concluded the company correctly accounts for development costs under ASC 950-20 and, where appropriate, ASC 350-40 for internal-use SaaS enhancements. The filing states the company will continue to expense or capitalize costs as required and criticized Mr. Parker for demanding compensation, board seats and making regulatory complaints based on his interpretation.