Glossary › DART (Korea's Electronic Disclosure System)
What is DART (Korea's Electronic Disclosure System)?
DART is the Financial Supervisory Service's electronic disclosure system where Korean listed companies file reports and major announcements.
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DART (Data Analysis, Retrieval and Transfer System) is the electronic disclosure system run by Korea’s Financial Supervisory Service (FSS). Korean listed companies use it to file periodic reports, major event disclosures, ownership reports, and securities registrations. It is Korea’s closest counterpart to the SEC’s EDGAR.
What is filed there
- Business reports (annual) and quarterly/half-year reports with financial statements.
- Major matters reports (주요사항보고서) on events such as mergers, capital raises, or share buybacks and cancellations.
- Large-holding reports when an investor crosses 5% ownership, and reports on executives’ and major shareholders’ holdings.
- Fair disclosures and responses to exchange inquiries about rumors or press reports.
Language
Most filings are in Korean. Large companies increasingly publish English disclosures, and the regulator has been expanding English filing requirements for bigger listed firms, but coverage is still partial. That gap is one reason English-speaking investors rely on summaries—and why reading the original filing matters.
OpenDART
The FSS also runs OpenDART, an API that returns filings and financial data in structured form. SignalStack’s Korea reports cite DART filings as primary sources and link to the original documents (source: FSS DART).
Tips
- Use the company’s six-digit stock code to find it.
- Check the filing type and date; corrections are filed as separate amended reports.
- For numbers, prefer the consolidated statements unless a report states otherwise.
This glossary entry is general information, not investment advice.