Welcome to our dedicated page for DAILY JOURNAL SEC filings (Ticker: DJCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Daily Journal Corporation filings document the company’s operating results, Nasdaq common stock listing, governance actions and material-event disclosures. Recent 8-K reports include financial-result releases for the publishing and technology company, annual meeting voting results, auditor ratification, executive compensation votes and board committee structure.
The filings also record leadership changes in the finance function, committee charters, shareholder communications and accounting disclosures related to software-development costs for Journal Technologies. These records frame DJCO’s Traditional Business, Journal Technologies operations, public-company governance, marketable securities context and recurring risk and accounting topics.
Daily Journal Corp’s large shareholder Peter D. Kaufman has updated his ownership disclosure as trustee of certain trusts holding the company’s common stock. The trusts hold an aggregate 59,574 shares, representing 4.3% of the common stock, based on 1,377,722 shares outstanding as of February 2, 2026. Kaufman previously announced that he planned to terminate these trusts in the first quarter of 2026, and the terminations are moving forward. As of March 6, 2026, 59,601 shares have been distributed from the trusts to their beneficiaries in connection with the terminations, reducing Kaufman’s reported beneficial ownership.
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’s shareholder list shows a concentrated ownership position by an investment adviser and related parties. The group, including Scott P. Roseman and Aaron J. Wagner, reports beneficial ownership of up to 26.5% of the company’s common stock as of the event date.
The advisory firm is shown with 351,652 shares beneficially owned, representing 25.5% of the class, while Roseman and Wagner report 26.5% and 25.7% stakes, respectively, through direct holdings and controlled entities. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of Daily Journal.
Daily Journal Corporation reported a weak quarter as investment marks swung sharply negative. For the three months ended December 31, 2025, revenue rose to $19.5 million from $17.7 million, driven mainly by Journal Technologies’ higher licensing, maintenance, and other public service fees, plus modest advertising growth in the Traditional Business.
Operating income was $0.5 million, down from $0.7 million, as salaries, outside services, hosting, and advisory costs increased. A sharp $11.7 million unrealized loss on marketable securities (versus a $13.4 million gain a year earlier) turned results to a net loss of $8.0 million, compared with $10.9 million of net income. The securities portfolio still totaled $481.3 million with $342.2 million of cumulative unrealized gains before tax. The company repaid $2.0 million on its margin loan, reducing the balance to $20.0 million, and ended the quarter with $486.6 million of working capital. The board approved the sale of a largely unused building with a $3.5 million carrying value. Management continued an extensive remediation program for previously disclosed material weaknesses; disclosure controls are not yet effective pending sustained testing.
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 Corp shareholder Peter D. Kaufman filed an amended Schedule 13D stating that he currently beneficially owns 8.7% of the company’s common stock through certain trusts. He plans to terminate these trusts during the first quarter of 2026, with the shares to be distributed to the trusts’ beneficiaries, after which he will no longer beneficially own these shares. The filing also notes that the trusts recently sold 1,429 shares at an average price of $464.75 on December 9, 2025, 4,691 shares at $472.17 on December 10, 2025, and 6,001 shares at $480.35 on December 11, 2025.
Daily Journal Corporation is asking shareholders to vote at its 2026 Annual Meeting on February 24, 2026 on three main items: electing four directors, ratifying Baker Tilly US, LLP as independent auditor for fiscal 2026, and approving an advisory "say on pay" vote on executive compensation. The board is nominating Mary Conlin, John B. Frank, Steven Myhill‑Jones and Rasool Rayani and urges shareholders to use only the Company’s proxy card.
The company describes a dispute with Buxton Helmsley USA, Inc. over Buxton’s ability under South Carolina law to nominate alternative directors based on its shareholder status as of the December 16, 2025 record date, and notes the election could become contested if Buxton succeeds in court. There were 1,377,722 common shares outstanding on the record date. The proxy also details governance practices, board independence, internal control remediation efforts, executive and director pay, and major holders, including RWWM Inc. with 334,902 shares and other institutional investors above 5% ownership.
Daily Journal Corp filed a Form 13F reporting institutional holdings with a total value of $276,651,220 and an Information Table entry total of 4 holdings. The report was signed by CFO Erik Nakamura in Los Angeles on 01-13-2026.