Add the mushrooms to a blender. Start by adding the dried shiitake mushrooms to a high-speed blender. Next, blend on high speed for 30-45 seconds or until the mushrooms are ground into a fine powder. Set aside.Note: You will have more mushroom powder than needed for the recipe. You can store the leftover mushroom powder in an airtight container at room temperature for several months.
Sauce
Add everything to a saucepan. Add the water, sugar, soy sauce, mushroom powder (only use 2 teaspoons of the powdered mushrooms), salt, and cornstarch to a saucepan. Whisk to dissolve the cornstarch.
Thicken. Bring the sauce to a simmer, whisking regularly until it thickens. This step will take 5-7 minutes. As soon as the sauce has thickened, remove the saucepan from the heat and allow it to cool for 10-15 minutes.
You can store this sauce for up to 2 weeks in the refrigerator.
Notes
Store it in an airtight container. Once the sauce has cooled, transfer it to a clean glass jar or a squeeze bottle. This will make it easier to use and help the sauce keep longer.