Drying sets the stage
Fresh shiitake have little free guanylate. Drying breaks the cell walls. Now the enzymes inside can reach their target later.
Cold water protects the umami
One enzyme breaks guanylate down. It works well in warm water. Cold soaking keeps it slow while the caps fill with water.
Gentle heat makes the umami
A second enzyme cuts RNA into guanylate. It works best around 60C to 70C. A boil stops it for good.
Soak two caps side by side. Put one in hot water for 20 minutes. Put one in the fridge overnight. Warm both and taste.