Subsequent to Paper I, the evolution and fragmentation of a rotating magnetized cloud are studied with use of three-dimensional MHD nested-grid simulations. After the isothermal runaway collapse, an adiabatic gas forms a protostellar first core at the center of the cloud. When the isothermal gas is stable for fragmentation in a con- tracting disk, the adiabatic core often breaks into several fragments. Conditions for fragmentation and binary formation are studied. All the cores which show fragmenta- tions are geometrically thin, as the diameter-to-thickness ratio is larger than 3. Two patterns of fragmentation are found. (1) When a thin disk is supported by centrifugal force, the disk fragments through a ring configuration (ring fragmentation). This is realized in a fast rotating adiabatic core as Omega > 0.2 \tau_ff^-1, where and tau_ff represent the angular rotation speed and the free-fall time of the core, respectively. (2) On the other hand, the disk is deformed to an elongated bar in the isothermal stage for a strongly magnetized or rapidly rotating cloud. The bar breaks into 2 - 4 fragments (bar fragmentation). Even if a disk is thin, the disk dominated by the magnetic force or thermal pressure is stable and forms a single compact body. In either ring or bar fragmentation mode, the fragments contract and a pair of outflows are ejected from the vicinities of the compact cores. The orbital angular momentum is larger than the spin angular momentum in the ring fragmentation. On the other hand, fragments of- ten quickly merge in the bar fragmentation, since the orbital angular momentum is smaller than the spin angular momentum in this case. Comparison with observations is also shown.