Diapause is a strategy used by many insect species to survive adverse environmental conditions. However, diapause incurs costs that may have adverse effects on post-diapause development and reproduction. We herein investigated the effects of diapause on the post-diapause reproductive investment of males and females in a multivoltine moth, the adzuki bean borer, Ostrinia scapulalis (Walker) (Lepidoptera: Crambidae). We found that (1) post-diapause males and females were smaller and had lower mating success than non-diapause individuals, (2) post-diapause females had lower fecundity and shorter longevity than non-diapause females, (3) post-diapause males transferred similar numbers of eupyrene and apyrene sperm as non-diapause males, (4) the fecundity and longevity of non-diapause females mated with post-diapause males and those mated with non-diapause males were not significantly different, and (5) no significant relationship was found between diapause duration (short and long) and post-diapause reproductive investments in both males and females. These results suggest that post-diapause males did not reduce reproductive investment in spite of the cost of diapause, and the significant decline in reproductive output in post-diapause females was due to their reduced body weight and longevity, which appeared to be direct consequences of the cost of diapause.