We achieved a record-high coercivity of 1.40 T in a SmFe12-based ThMn12-type anisotropic sintered magnet. This magnet was prepared by sintering jet-milled powder made from strip-cast alloys with a nominal composition of Sm8Fe73.5Ti8V8Al2Cu0.5, using the conventional process for anisotropic sintered magnet production. Detailed microstructural investigations conducted using scanning electron microscopy and transmission electron microscopy revealed that the formation of Fe-lean intergranular phases (with < 20 at.% of Fe) surrounding the fine SmFe12 phase grains resulted in the high coercivity. Nanobeam electron diffraction patterns showed that these Fe-lean intergranular phases (IGPs) exhibiting excellent wettability in this magnet are mainly composed of two phases: a hexagonal close-packed Mg-type Sm-based phase and a primitive cubic CsCl-type SmCu-based phase, which co-exist in the same intergranular region. Such Fe-lean IGPs minimize the intergranular exchange coupling in the SmFe12 main phase, which contributes to the high coercivity, as revealed by magneto-optical Kerr effect microscopy. Overall, this study provides detailed microstructure-coercivity correlations and insights for the future development of high-performance SmFe12-based sintered magnets.