That makes sense. On my Kodak medalist there's a little sharp toothed wheel that contacts the film very close to the edge and it's on the film side so pretty non-slip.
On the Mamiya the wheel is on the end of a spring loaded movable shaft and it bears on the paper side, so if it were to slip or stick it could be the culprit. And come to think of it the first time this happened the counter didn't move at all and I spun the crank around a few times after the film was completely wound up and suddenly the counter started to move.
Now I'm starting to wonder if maybe the "multi" switch works by just disengaging the rotating wheel.
I think it must be powered by elves.